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

To: prophet_often who wrote (47288)	2/13/2001 12:30:57 AM
From: Smart_Money	Respond to of 57584

I understood what you meant. Not all trades go as plan and we all will suffer some kind of hit. I call it a reality check.

To: prophet_often who wrote (47288)	2/13/2001 12:33:42 AM
From: HandsOn	Read Replies (1) \| Respond to of 57584

Singlely Someone out like that, JUST think about it! Joe is a friend of mine, and a good trader. This market is tough enough W/O You slamming a trader long vs the shorts, street and ANALysts. How would You feel if You were the recipiant of Your previous cut and paste posts.

To: prophet_often who wrote (47288)	2/13/2001 6:44:16 AM
From: Rande Is	Respond to of 57584

by FAR my most profitable and successful trades have been trading breakouts and strength in uptrending stocks. I agree with you that bottom-fishing waters have not been as good as breakout waters for a long while. Unless we are talking about those which were flatlined. . . .like the many we saw get obviously over-shorted into penny stock status. The problem with the obvious great company stocks. . . is that due to so much coverage of the bigger stocks, when they get haircuts. . . it typically leads to MORE haircuts. Anymore, I try not to buy unless a.] I KNOW the P/E ratio and it is low and b.] I am sure that revenues are still coming in and earnings are holding firm. [this is aside from any TA, news or other issues] . . . The problem is that analysts have an agenda way beyond what is fair, reasonable or all too often correct. So stocks that SHOULD bounce still get creamed. . . .making these markets more like shooting craps than ever before. And I can't help but think that it was the "pick-of-the-week", "play-of-the-day", "highligted mover", "profiled pick" by gurus, newsletters, radio personalities and the like. . . . . . .which MOVED stocks without the aid or approval of the Po' Boys [power brokers] and MMs who hold short until they get word to cover. So these "plays" came as a sneak attack. And it got them angry enough at all Individual Investors, for treading on their sacred turf of greed. I believe it was primarily this reason which led them to TRAP the Individual Investor whenever possible. Of course the E-Trade and Ameritrade advertisements didn't help much either. Contrary to what you may read. . . a bear market is one thing. The sort of blatantly manipulative traps we've seen on stocks over the past 6 months have been something entirely different. This leads to a conclusion about that situation. . . . . . The arrogance of the gurus led to their demise, at the hand of the jealous, greedy, almighty and ultimately arrogant Wall Street Power Brokers. Rande Is PS> Prophet Often, your post was excellent and well-meaning, but you may wish to write a PM to Joe explaining your good intentions in using his posts for setting an example of what not to do. EDIT: Sorry, just saw that you are already on it.