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

To: Glass House who wrote (1407)	12/30/1998 12:28:00 PM
From: Rande Is	Read Replies (1) \| Respond to of 57584

SEEK has always had a trading range. I remember 8 to teens and back. Then teens to 20's and back. Then 22 to 35 and back. Then 35 to 44 and back. Now we are looking at a new trading range, IMO. Probably 44 to 56. Trick is. . . to sell high and buy low. But all in all. . . if you close your eyes for 3-6 months you end up being a winner on SEEK. Today all major I-Nets are getting hit hard. Expect this sell-off to begin to affect smaller I-nets by tomorrow, if not sooner. Feels like the shorts are taking position now. Watch for Barneys to get on CNBC and talk gloom and doom. We could see major drop today and tomorrow. Stay alert. Rande Is