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Strategies & Market Trends : Position Trading Forum

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To: Tim Luke who wrote (1654)9/14/1998 6:54:00 PM
From: Lee Lichterman III   of 7247
 
Why do you say that? I see this as just another cycle and we hit all my numbers today as planned ( DELL 60, IBM 130, CPQ 32 1/2, 1040 S&P) We failed to break through and the volume during the last few days was declining while prices were increasing. I haven't updated my charts for today but the little bit I saw today didn't show me much. I actually tried some lowball bids on some puts on DELL, IBM and a few indexes this afternoon but aimed too low. I will try to catch a bounce on the open tomorrow. I think next week will be down from these levels.

BWDIK

Lee
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