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

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To: Chris who wrote (23058)5/9/2000 12:06:00 AM
From: Lee Lichterman III  Read Replies (3) of 42787
 
Possible on the break down out of the flag/wedge but I am not seeing the increase in volume I would expect to see in a break out of the formation. Until there is volume to confirm teh break, it could just be a fake or whip saw.

Funny but I am starting to get some buy signals tonight. Not sure what to make of it. Either way it goes, it should do so fairly soon as in teh next 2 weeks max. I am starting to wonder if some sort of a straddle might be the best way to play this as I think the next move will be large. The QQQ is too expensive as is the OEX so maybe a DJX LEAP call and PUT straddle? Maybe the TYX to take advantage of teh Bond swing that should go with it? Maybe a index bellwether? Ideas????

Welcome Back Dennis, you were missed. You didn't miss much though, volatile up, volatile down, right back where we were when you left. -g-

Good Luck,

Lee
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