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


To: moufassa7 who wrote (47527)2/16/2001 2:40:33 PM
From: moufassa7  Read Replies (1) | Respond to of 57584
 
This might be a good time for people to post their favorite stock under $10. If market bottoms next week, these cheapies should do well on the initial bounce. My candidate is CMGI. Any other ideas.



To: moufassa7 who wrote (47527)2/16/2001 2:47:22 PM
From: American Spirit  Respond to of 57584
 
We are now down at January 3 levels in techs. Across the board except for a few bright spots like UIS I see them all down at or even lower than their old lows. This would seem to be the point of maximum pessimism and going into a weekend few buyers get aggressive, Last week's low was end of day Friday. That's what it looks like this week too.
Real cheap bottom-picking now in stocks like SUNW, ERICY, LU, etc. WCOM and FON look to be at "rock" bottom. I just bought some SUNW and have an order in for WCOM a lttle lower than it is now. Dammit, this market is excruciating but this does seem like the limit. Who in their right mind would sell at these prices? Interesting that my little dot-bombs SCNT and ESHr are unaffected today. Though CMGI looks back down to its low-low bottom. Greenspan better help out the markets next week. That's all I can say.



To: moufassa7 who wrote (47527)2/16/2001 2:56:01 PM
From: carepedeum2000  Read Replies (1) | Respond to of 57584
 
this surge from 2400 has me out of my shorts, went long vrts at 77 5/16