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

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To: dennis michael patterson who wrote (27047)	8/8/2000 9:07:42 AM
From: Lee Lichterman III	Read Replies (2) of 42787

Thanks, this really is a difficult market to figure out. I think it really wants to go up but it just can't find a leader or good enough news to do it. I am just hoping that Don's signals work here. I went flat again and am eyeballing some straddles but despite the low VIX, premiums are still too high for most straddles. I looked at CSCO and the 65s for this month are 2 3/4 for the calls and 2 1/2 for the puts. Tough to make money on this when you know the premium will drop after the announcement. XLK is also still too high and QQQ is ridiculous. Have to go to work now and fight my way through all the smoke. Last night we had a fire about 2 miles from us but luckily it was on the other side of the interstate which acts like a natural fire break. These fires are getting old fast. I get a kick out of Clinton flying here to make a showing to the fire fighters. He is flying in to the guard base rather than our Air Base. I guess he knows he isn't loved at full time active duty bases and figures he has a better chance at the weekend warrior base. -gggg- Good Luck, Lee

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