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


To: HandsOn who wrote (48277)3/1/2001 2:47:22 PM
From: Rande Is  Respond to of 57584
 
OT> Thanks Hands.

Hope the new site is coming along on schedule.

We had several set-backs in February, part technical, part labor and part financial. . . .so what else is new? We've been trying to launch in 3 Phases. But there is still too much in Phase I. [Perhaps there should have been 5 Phases.] But we've passed the point of no return [literally]. . . so we will open more gradually than we had wanted to do. . . . . Instead of a gRANDE opening. . . we'll open for several months before we do any celebrating.

Then of course there are certain negative psychological factors in opening an investment site when the market is setting new lows. . . . and investment communities are seeing their lowest participation in years. It would obviously be better to be opening on an upward market leg . . . But when you think about it. . . . it is FAR better to be opening such a site when the markets are at or near the bottom than it would have been to have opened a year ago. . . .when the top had been reached. That might have been disastrous for the longer-term. . . .and we are building this for the long-term. So in a way, this is the perfect time.

Thanks for asking. And yes, I still work continuously on it. . .no time for trading until opening. . . and lately I've been entrenched in paper work. . . . and some days its like I'm on a treadmill. . . .my feet are moving full speed but the landscape is staying the same.