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

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To: dennis michael patterson who wrote (39031)12/22/2000 12:05:43 PM
From: Lee Lichterman III  Read Replies (2) of 42787
 
I will have to look around to see about INTC. Don't know right now.

We are testing the bullish possibility of an intra day bull flag on the QQQ. If this fails, I will likely punch out. I missed the entry on my put so I am exposed right now. Was hoping for a bigger gain but that is another thing that is bothering me. QQQ seems to be trailing the NDX and not leading. Stupid I know but it always seems to me that the Q leads a real rally.

SFA is sick. Something must really be wrong that us peons aren't privy to.

Strongest ones today seem to be QLGC ( expected), NETE, NTAP, EMC, SANM, SUNW, RFMD, CTXS, FLEX and PMCS is getting a dead cat bounce.

I can't believe they are finding suckers to buy MU and CPQ. Unbelievable!!!!!! MU will see 20 before it ever sees it's highs again and will probably bleed red the next 2 years. I guess they don't know what the word cyclical means. <ggg>

Test was successful for now on that flag as it just moved up again. SE has a turn point around 12:30. Up or down???? Heck if I know for sure but I think this flag is a good sign.... as long as it holds.

Good Luck,

Lee
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