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


To: Paullie who wrote (7780)6/2/1999 8:31:00 AM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
Paullie, this is the strength I am talking about. . .IRSN is not running on current news, but appears to be getting some accumulation based on past news. . . big difference. . .I think this will continue until it nears the 5 dollar price range.

For those trying to jump in mid-stream, you need to be certain that you are getting a low point or dip. . . and if the accumulation dries up. . .you need to be the FIRST to bail, because you have the most to lose, should it pull all the way back. . . .so anyone that ever jumps in last needs to be thinking like a daytrader until they see gains enough to take a more relaxed posturing.

THAT is why we buy the bottoms. IRSN at 1.50 simply makes sense. . .it is historically a primary support level.

Hope that helps, cuz it is all I can say on it.

Rande Is