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


To: Kevin Shea who wrote (5744)4/19/1999 4:18:00 PM
From: Rande Is  Read Replies (2) | Respond to of 57584
 
Yes, Kevin. . .I saw QMDC earlier today. . .great call. . .too busy to make comment. Out of internets and nearly all high-techs over 10 dollars. Sold all speculatives. Sold all stocks that have had quick run ups recently. Sold half of largest positions.

PTEN, DBRSY, FTUS, HAS . .all looked good today. . .and now represent larger positions. Bought the tiny Brilliant Digital Entertainment.

Even sold final positions in ATHM, SEEK, OMKT and TUNEP. . . .and sold half of ARTT and several others. Got a feeling that tomorrow will be WORSE than today. . .not better. To do the prudent thing, I am not buying many/any back until I either see my price or until stability returns.

Still kept all under 5 dollar stocks and pennies. Kept the Dow stocks. Kept most all the under 10 Nasdaqs. And never have sold a share of CPQ or A. T. and T.

Nasdaq wants to do night trading. I don't think many will show up. They think that just because we make trades after close to set up for the next day, that we want to trade at night. What a ridiculous conclusion. What will happen is suddenly orders will be held up until after the "second session" is complete. . . then they will be placed for the following morning open.

Kevin. . .thanks for technical perspective. I have been flying upside-down by the seat of my pants. . . nice to see the guages now and then so I can tell which direction I am headed. Unfortunately the direction appears to be down. Let us just hope there is plenty of time for pulling up and getting back on course to prosperity . . to the land of the endless bull.

Rande Is



To: Kevin Shea who wrote (5744)4/19/1999 10:59:00 PM
From: darline cook  Read Replies (1) | Respond to of 57584
 
Hello,could you explain to me what a rodney move is and thank-you