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

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To: Chris who wrote (24587)6/27/2000 2:03:00 PM
From: Lee Lichterman III  Read Replies (2) of 42787
 
Is your secret indicator trend following ( ie moving average, momentum based ) or front running ( over bought sold, cycles etc ) ?

My cycle based stuff is pointing to a rally in a few days as we are currently in a downward cycle that should bottom out soon. It doesn't give extent of movement, just time.

I have to leave again shortly but from what I am seeing, this could get ugly. Just noticed RMBS, RFMD, QLGC, SDLI etc all getting hit hard 5% or more. So much for the Mo Mo plays today.

Basic materials that I wrote about a couple days ago are moving though. IP, Haim's DD, the XLB etc. Flight to safety or dead cat bounces? Too early to tell.

Good Luck,

Lee
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