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

To: duke-nukem who wrote (50372)	4/12/2001 2:20:52 PM
From: American Spirit	Read Replies (1) \| Respond to of 57584

Ten days ago or so I told the short threads "the bear market is over". It was the most fearsome fast and ruthless bear market (in techs) imaginable, but the most greedy shorts still thought it would never end. I got ridiculed and dismissed and told to go away by everyone over there and a few here. Well now, with many top techs still down about 50% from just last month I'd say we have a ways to move on the upside. Still I am being fairly cautious owning mostly VZ, SBC, EMC and GE and not taking too many chances though I did buy NOVL and some more LU and just missed buying a few more. And I kick myself for selling the stocks I did sell near the bottom. But oh well, the shorts got to me too. All their bashing and ridiculing. And now they're still shorting away. Softechie will not capitulate. But when he does (finally and loses most of his profits) then that may be the time to short (short-term) again. Remember there are trillions on the sidelines and in defensive stocks and probably two more rate cuts coming very soon. If GE, VZ (who never warned) and Juniper can make it through this then the rest will follow. And yes I also did say to short ANF (or BEBE) if you have to short something. They were up 300% on the year and everything's on sale at retail stores and has been since November. Not bragging just venting (in relief). Just wish I had had more cash to invest and that some of my low limit buys had filled. Almost got LOR at $1 (up 80% since then) etc. etc.