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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Condor who wrote (44540)	1/2/2001 4:02:29 PM
From: maverick61	Respond to of 57584

Well, it may be remarkable and congrats would be in order IF they were his calls - but alas I don't believe they are. Save the congrats for the real trading guru old Softie is getting his calls from. Right Softie - "Who's you Daddy" :) BTW - today's slam was easy and shouldn't have caught many here by surprise. As Rande noted many times - the Po boys came back today to slam the Holidility rise right out of the market To accomplish that, was it any Surprise that RSSF had a massive sector downgrade today - guess they drew the short straw over the Holiday Add to that many folks who wanted to delay taxes on some of their winners from last year bailing on them today (which would take into account the biggest of winners from last year ) And who didn't expect the shorts jumping on board yet again to slam the market (just as longs were greedy last Spring - the shorts are just as Greedy now) And is it any surprise we are where we are at today. The question is where do we go from here ? two theories on what to buy - one is the best of the best, some of which have been taken out to the woodshed today. The other is those very beaten down "value stocks" - many of which appear green today: Right now, I am favoring the 2nd theory - and I only bought one stock today - WCOM - but bought a ton of it from 14 1/2 to 15 1/8 Take a look at some of these potential value plays now that are green on my screen: WCOM - p/e of 9 AMD - p/e of 6 INTC - p/e of 20 FFIV - p/e of 17 SSTI - p/e of 15 Most everything else is red. SO, as Rande pointed out this AM - for folks who follow low PE stocks - this are may be the place to be in the short term. then again, this market has been so whacked the last year, who knows what can happen - a Gap-up wouldn't surprise me tomorrow - but for now, I am playing it nimble and sticking with theory 2 for now until something changes overall sentiment - so anyone who has some potential plays fitting in this area, I'd like to hear them

To: Condor who wrote (44540)	1/2/2001 4:02:29 PM
From: maverick61	Read Replies (1) \| Respond to of 57584

Well, it may be remarkable and congrats would be in order IF they were his calls - but alas I don't believe they are. Save the congrats for the real trading guru old Softie is getting his calls from. Right Softie - "Who's you Daddy" :) BTW - today's slam was easy and shouldn't have caught many here by surprise. As Rande noted many times - the Po boys came back today to slam the Holidility rise right out of the market To accomplish that, was it any Surprise that RSSF had a massive sector downgrade today - guess they drew the short straw over the Holiday Add to that many folks who wanted to delay taxes on some of their winners from last year bailing on them today (which would take into account the biggest of winners from last year ) And who didn't expect the shorts jumping on board yet again to slam the market (just as longs were greedy last Spring - the shorts are just as Greedy now) And is it any surprise we are where we are at today. The question is where do we go from here ? two theories on what to buy - one is the best of the best, some of which have been taken out to the woodshed today. The other is those very beaten down "value stocks" - many of which appear green today: Right now, I am favoring the 2nd theory - and I only bought one stock today - WCOM - but bought a ton of it from 14 1/2 to 15 1/8 Take a look at some of these potential value plays now that are green on my screen: WCOM - p/e of 9 AMD - p/e of 6 INTC - p/e of 20 FFIV - p/e of 17 SSTI - p/e of 15 Most everything else is red. SO, as Rande pointed out this AM - for folks who follow low PE stocks - this are may be the place to be in the short term. then again, this market has been so whacked the last year, who knows what can happen - a Gap-up wouldn't surprise me tomorrow - but for now, I am playing it nimble and sticking with theory 2 for now until something changes overall sentiment - so anyone who has some potential plays fitting in this area, I'd like to hear them