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


To: Rande Is who wrote (46588)2/4/2001 12:03:47 PM
From: American Spirit  Read Replies (3) | Respond to of 57584
 
Reading Softechie's posts, he is exposed as a pure bear and short artist and was shorting at the market's bottom, then again before the big rally a few weeks ago. He must have lot a lot of money there. He has made money on the dips, and did so Friday so he's crowing loudly, but he doesn't seem to ever take his gains and go long except when he was pro LU, VZ and WCOM. Now we are back halfway to Jan 3rd levels in many major techs and he seems to be saying we're going to re-test those lows. I disagree. I think bargain-hunting is strong. Friday's weakness was compounded by three factors: it was a Friday, good profits were being taken and the market is looking for the next sign that Greenie may cut. Also one more week or so of earnings reports which may disappoint. However keep in mind that most negative earnings reports have been bought into not sold into. If this pattern holds then CSCO may dip to its base of around 35 then rally back to 45 or so after its earnings, even if they are lousy (as everyone expects and has priced into the stock).



To: Rande Is who wrote (46588)2/4/2001 1:10:17 PM
From: GREENLAW4-7  Respond to of 57584
 
Rande, I finally read your piece in MONEY, and must again congratulate you!! I cannot agree more about the manipulation that we have been induring over the past year. I think eventually something is going to give and someone will be held to severe scrutiny on how the NASD is run!!

Its prudent to always take a step back and try to think in reverse on how the market is acting. Perhaps now that so many CNBCers believe we are going to retest 2200 area we BURST to 3100 while the retail investor sold at 2600 area!

LOL



To: Rande Is who wrote (46588)2/4/2001 1:28:32 PM
From: AJL  Read Replies (2) | Respond to of 57584
 
RESEARCH ALERT-
Softechie rating reduced to strong sell.
------------------------------------------------------------
New York, Feb. 4 (Reuters)-

Asswipe Securities on Sunday said it lowered its rating on loudmouth punk Shortechie to strong sell from near-term accumulate, after Softechie's repeated juvenile scare tactics and endless badgering failed to produce the desired results on SI stock threads. The firm also lowered its 12-month price target to "somewhere between pennies and zilch". "We believe the balance of power between the fear-mongering punks and the substantive posters on SI has shifted in favor of the substantive posters," the firm said. Softechie's shares closed at $.02 on Friday, off a 52-week high of $.04