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

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To: Gersh Avery who wrote (23392)	5/24/2000 8:41:00 AM
From: Lee Lichterman III	Read Replies (3) of 42787

I was just trying to figure that out. Futures on the NASDAQ are showing up 27 but I look at the island book on pre-trading and I don't see much trading higher. SUNW 72 1/2, CSCO 50 1/2, PMCS 134, HLIT 39, RFMD 91, CTXS 45, MSFT 63 etc. Where is the +27 coming from. Will go search the news and see if there is a merger or something pushing another sector up. 3K may fail but only see minimal downside from there before the bounce. Of course I could be wrong. I didn't buy the head fake 2 days ago but I may buy this one. <ggg> I will be buying far out strikes though out till at least January and will move slowly as the next couple days progress to try and find a bottom somewhere. I won't get much in gains but at least I will be able to try and wait it out if I am wrong. If 2500 fails more than a temprary capitulation hammer bottom, then we are in a serious bear. In an election year, will they really let the NASDAQ stay down 35% for the whole year???? EDIT - I updated our site to show a link to this string. Good Luck, Lee

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