Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: baddtiming who wrote (44687)	1/4/2001 2:55:38 AM
From: American Spirit	Respond to of 57584

Today was the burst of all bursts. I used it late to clear out all my margin debt. If I did it then so did every other die-hard bull who'd been waiting and sweating it out through December. That means no more margin calls. And still plenty of guys stuck on the short side. Also plenty of moms and pops whose advisors will now send them into the marketinvesting in telcos and top techs. And traders bottom-feeding on those still-so-cheap micro cap techs. And sideline cash getting back in a day late. Maybe I shouldn't have gotten off margin today. But I have bills to pay. My parents portfolio which I trade continues strong and lond. Up another 10% or more before we level off or submit to some profit-taking IMHO. But some small caps like the ESHR, LOR and IFMX's of the world could double quickly. Remember, they were down 90% or more from their highs. Also LU could double rather soon. The worst dogs might be the best picks, at least short-term.

To: baddtiming who wrote (44687)	1/4/2001 9:19:51 AM
From: Rande Is	Read Replies (2) \| Respond to of 57584

Matt, No. The burst already happened. In my opinion, we will lose perhaps a third to a half [or more] of this move before making another important advance. Should we see a 3 day rally here [or an S-4DML], I would be extremely cautious on what would come next. But I seriously doubt we'll see mania return any time soon. Though I will certainly play the tape. . .and not buck it. That is the simplest yet still the most broken rule of trading. The difference is this. . . .once you believe that the markets are manipulated in a major way. . . you must ask the question, what sort of move would benefit the manipulators most? That is typically the way the market moves and why we are able to better see it than most others out there. But you won't find the topic of manipulation-driven markets in any magazine or newspaper article. They won't touch it. Which is why these forums are critical for the Individual Investor. Rande Is