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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: dennis michael patterson who wrote (21846)	7/15/1999 12:45:00 AM
From: Lee Lichterman III	Read Replies (1) of 42787

I totally agree that TA rules now and fundamentals are a thing of the past but they will eventually become the future. I posted a while back on the MDA thread that fundamentals may be dead now and we are just trading the paper and no longer the company underneath the paper. I still think that MU will bite the bullet again. Possibly INTC too but I do like AMAT as I believe the semis have to keep up and modify or die. Now that doesn't mean that AMAT is worth it's trading cost right now but I would go short MU and INTC before AMAT. I chickened out of MU a few times before only to kick myself and watch Michael Burke take semi-trailers (pardon the pun) of money to the bank from his puts. MU made me a lot of money in the past and I want some more on this BS bounce. MU is just up the street a 45 minute drive and half the wives on base work there. Everytime I ask them how things are going, the story is the same, no profits seen but we aren't supposed to say anything. That company will never make money, never ever never. I honestly think they are just trying to stay alive long enough to let everyone else go bankrupt then expect the Fed to subsidize them as an American institution. Even Simplot has bailed out. Soon as all my entry targets are hit and the market finishes this blowoff, I will turn to the dark side again since I tend to make more on down turns than I do on the upswings. I am again without charts tonight and just may give up. I keep getting an error when I try to download quotes. I am sorry for ever recomending Reuters to you. I hadn't had problems until this month and now it is a regular occurance. I am probably going to swith to Dial data but may use QP2 instead. QP2 is cheap but doesn't intigrate as easily as Dial Data and LG always seems to be able to update his charts immediately. I would love to be able to just walk in the door and get started instead of waiting 5 hours to start my charts, then update the site etc. I never get to sleep before 2 AM then I have to get up 3 hours later for work and I wonder why I am always tired. Good Luck, Lee

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