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

To: westpacific who wrote (51643)	5/23/2001 10:47:05 AM
From: Rande Is	Read Replies (1) \| Respond to of 57584

GENE was a nice upward surprise to wake to today. . . up about 40% on the day. New price target of $84. Just another of a long string of upgrades coming to the genomics sector, IMO. Sold 2/3rds position into frenzy.

To: westpacific who wrote (51643)	5/23/2001 10:55:56 AM
From: Tradelite	Read Replies (1) \| Respond to of 57584

My goodness, westpacific, lighten up a bit..... for you and everyone else.... I posted a slightly bearish thing right before you did on this thread (and all I was doing was citing some stuff out of the Washington Post), but you are way too gloomy for your own good and the long-term good of others right now. All we need to do as individuals in our present stock market and our present economy is to be careful and become EDUCATED. We don't need to cash in all our chips and hunker down for a coming collapse. I got a question....if you were me (and this is ME) and had some money in a money market account that just dropped its interest rate to 3.50 percent, what would yo do with that money? I'm looking around for an alternative.

To: westpacific who wrote (51643)	5/23/2001 10:59:12 AM
From: Rande Is	Read Replies (1) \| Respond to of 57584

It is folks like you that lead people to be slaughtered. Holding a big long portfolio overnight is suicide in 2001 and 2002. You obviously have not been keeping up with posts here over the past year. I declared that the entire "buy and hold" strategy was DEAD in the last week of January of 2000!! So aside from a few SAMs, we focus most discussion on TRADING stocks. Not holding them forever. We discussed this throughout February of 2000. And the first week of March of 2000 I said that we would see the biggest tech decline ever. . . . and that we should sell all tech stocks. Where were you? Holding long-portfolios? Throughout April of 2000, I said the only place worth being was REITs and a few cyclicals. . . otherwise, short-selling and cash were king. In September and October of 2000 I attempted to lead this thread in short-sell plays. Unfortunately, the thread didn't like it, and preferred that we stick to whatever long plays popped their heads up. And in December, we pointed out serious lows in the best techs. . . many of which still held the April 4th lows. I did not tell everyone here to sell ALL of their holdings and go bury their heads in the sand. I doubt seriously that things could worsen so bad that I would do that. Face it, this thread is no longer for you. We have hope here. Rande Is