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

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To: dennis michael patterson who wrote (21850)7/15/1999 8:33:00 AM
From: Lee Lichterman III  Read Replies (2) of 42787
 
*OT* Yes, Reuters was down until 1AM. I finally got the bare minimum done again. All my stuff is mixed, I am starting to get a lot of over bought signals on stocks and the OEX etc. Still others that have been weak are nearing supports so I expect a rotation soon. Next week should be EXTREMELY interesting as I could argue the case for going either way hard. One big miss and we tank, one ice CPI number and we could rock! I still think my short plays will work but I will wait for confirmation and hopefully they will wait for me to get out of this other job first so I can watch them a little closer. I will probably take leave in Mid to late August to trade since I am pretty sure we will be volatile then.

EDIT - If it is any consolation, I got a class 3 over boght last night on EMC. Of course that doesn't mean it will pullback right away but it could start to slow down.

Have to run, Good Luck,

Lee
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