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

To: melinda abplanalp who wrote (3109)	2/9/1999 11:49:00 AM
From: Rande Is	Read Replies (1) \| Respond to of 57584

Also very interesting to see how just a few SMALL hecklers cause such LARGE responses there. . .even thoughts of leaving SI there. Dishing out obviously easier than taking. Enough curiosity there. How about this market?? Is it just a Ralph Acompora short-sellers signal to go short with their full position until the dow reaches where he said it would reach? Too much power for one individual. Sure hope he wasn't fully short when he made these remarks on CNBC or he may make even more news. The market does not need anyone to tell it when it is not feeling well or when it is healthy. The market can tell us on its own. Anyone seeing fundamentals to back this down market? Any shoes dropping? Anything? Or is it just down 4 days in a row for no apparant reason other than he says it SHOULD CORRECT? Interesting to say the least. Glad I'm in the pennies past 4 days. . .tripled entire spec portfolio in past 3 trading days there. Rande Is

To: melinda abplanalp who wrote (3109)	2/9/1999 12:16:00 PM
From: Bucky Katt	Read Replies (3) \| Respond to of 57584

Melinda--It depends. I built a monster position in GMAI for over a year, all under $2, some way under. Then I just waited. Other times I just day trade them. However, most good things I build a position in, by good I mean just a company that is beat up, ignored, etc. Now, take todays action in INNO, which is garbage, but they announced web sales, so that is a jump on and ride the wave thing for me. Now, take a company like OBCI, with a much smaller float and selling well below book. I build a position in it. I Am still buying. What will happen to that stock when they go online? These things always seem obvious to me. (OBCI is a cheap mainly because they spent a lot of money on a new plant in Alabama, but they got it for .50 on the dollar, so in time this will pay off big, real big.) Quality & good management always pay off, and I am confident in my research, and patient too....