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

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To: Poet who wrote (39844)	1/2/2001 8:23:33 PM
From: Lee Lichterman III	Read Replies (2) of 42787

Thanks, I was bidding blind on my web phone while the market was tanking. I was just looking at taking a small portion then figured I would have to average down after that so I wasn't in a real rush to get in. Of course seeing futures up right now, I wish I would have got filled so I at least had something. I saw a few good bounces today that looked tradeable and plenty of signs to get short as those bounces faded. If you were watching those same LEAPs, did you see those bids disappear this afternoon. The spread was over a point and a half until I put in my order. While I was entering it, it was 16 by 19 then narrowed as I sent it in before I became the bid. I don't think the pit knew what was going to happen next. Going to do my charts now. I have a feeling we are getting close to a bit of a bottom here. I think they will defend 2K with a passion. Of course after look at all these big black sticks, I may change my mind and just cower in a corner somewhere. <gggg> Good Luck, Lee

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