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

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To: Chris who wrote (22831)4/17/2000 9:12:00 AM
From: Lee Lichterman III  Read Replies (8) of 42787
 
Chris and all, I managed to drill through my phone lines Saturday morning digging fence posts and am cut off from the internet so I am posting from a friend's conmputer.

Just wanted to let everyone know I am OK and not getting wiped out or anything if I don't post for a while and will not be very in touch with the market until the phone company fixes the line.

I am looking for a steep sell off, bounce then more downward action now. I figure the bottom could be around 700 OEX, 1300 SPX, maybe as low as 9500 DOW eventually after a few bounces and 2850 NASDAQ. We will probably get a bounce inbetween the selloff this morning and the final bottom but it will be only for the quick.

Selloffs of this magnatude have always double bottomed from what I saw and talking with Don this weekend, I think he agreed.

Got to go, Good Luck and watch out if playing with POwer Augers. -ggg-

Anyone e-mailing me, I will get back to you when I get my phone lines working again.

Good Luck,

Lee
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