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

To: Steven Finkel who wrote (7777)	6/2/1999 8:18:00 AM
From: Rande Is	Read Replies (1) \| Respond to of 57584

TIMING PLAYS For those unfamiliar with my "timing play" strategy. . . . Certain volatile stocks have explosive gains when they receive news, then they return all the way back. . . for the inexperienced, this can become a trap. But we can use this attribute in our favor by buying at the bottom and just sitting like duck hunters until the issue gets good news or other compelling factors. We buy it once we were certain the bottom has been reached [based on historical records and charts], then hold it long and until it receives sufficient news to make it POP. Those that pop the hardest are issues with low floats, high percentage of short interest [especially evidence of recent shorting], low price [under 3] on Nasdaq, Amex or NYSE and companies in a HOT sector or with newsworthy developments. . . . the more of these 4 factors present the better the timing play and generally the higher the pop. Once we see a sudden substantial gain, we sell our position into the buying and as close to the top as possible. This should be done by setting several limit sells placed at strategic price points based on the last run up. Sell orders should be in smaller 1 to 2 K size, so as not to "cause" the stock to tank. And depending on the importance of the news, it is sometimes wise to make last sell when we are certain that daytraders are not going to discover the issue. When the stock falls back we either wait for it to return from where we first bought in, or watch carefully for a new bottom support level to be established and buy on dips. . . this is commonly referred to as "re-loading" our gun. On a good stock, if you do this enough times you will begin to see it establish higher support levels and BE THERE should accumulation hit the issue. Or if you are lucky, you have re-loaded in time for takeover or other really important news to really pop the stock to new levels. The important thing is that we are IN the stock at the rock bottom level. . .so we don't MISS any important moves. . . and we are making money by our timing plays, so that if we still LIKE the company we can re-load. . . but if something about the issue or sector changes, we can choose to pass and put the winnings into another issue. So it is a sort of win win way of playing the companies that are relatively undefined. Rande Is

To: Steven Finkel who wrote (7777)	6/2/1999 8:46:00 AM
From: Rande Is	Read Replies (2) \| Respond to of 57584

Steven, OBJS makes a great timing play. I like the Red Hat Linux products. . . when Red Hat gets red hot again, we could see some sympathy movement. Also Red Hot could IPO which would also see some sympathy movement. But I would expect more news from OBJS. I am wondering if the buying between April 28 and May 4 was by P and Drs. . . there did seem to be an unusual amount of pumping. . . might be worth someone going back and researching the who whats and wheres of OBJS to see if there is evidence of pump and dump. But if it is clear that OBJS made gains on its own, then we have a new timing play. A good entry point for OBJS would be between 11/16 and 1/2 unless we see a DCB or if a new higher support level is established. . . but with the current rate of drop, I think we will go all the way back. I have not peered into the company annual report or anything like that, so I am not clued into their game plan. The good thing about timing plays is that we are trading the stock. . . not buying the company. . .so unless there is reason that the stock could tank to nothing or is approved for an RS, we should be fine. Rande Is PS> Sorry. . .this message was meant to precede the one on Timing Plays. It was written first, but was hiding behind another window.