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


To: RGM who wrote (4305)3/15/1999 11:03:00 PM
From: Rande Is  Respond to of 57584
 
Rob, I assume you refer to KLB. I doubt that many shareholders will see it or care about it. . .especially in light of Dow 10,000 and the feeling of irrational exuberance that is once again sweeping the investment world.

Being invested in the RIGHT stocks makes all the difference in the world. Tomorrow will probably be the day that my LONG portfolio hits its first doubling after 3 months. And yet a multitude of small caps continue to drift, as the declines refuse to give up their grip on advances.

Near-term, the market looks tremendous. . . but I still believe that we have a SPLIT market. A small bull, made up of tech stocks and leading large caps. . .inside a big bull, made up of most everything else.

I predict this dichotomy to continue throughout the year. Next year, depends on politics and Y2K, IMO. . . but I fear there is a good chance of continued slow volume and a possible full-on bear beginning next year. . .hopefully I will be wrong.

Rande Is



To: RGM who wrote (4305)3/16/1999 8:55:00 AM
From: Vegas  Read Replies (1) | Respond to of 57584
 
Read your March 8th post on KLH.
Do you think KLH will head south from 12.75 because of their S-3 today?


I assume you meant KLB Audio Book Club...

I haven't read the S-3. But simply from looking at the chart on no further news KLB will drift down to the $8-9 range, IMO

JF