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

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To: Berney who wrote (7555)5/17/2001 4:44:50 PM
From: Lee Lichterman III  Read Replies (2) of 52237
 
Well our indicator is giving danger signals if I am reading it right but maybe it is just lack of sleep.

I got whipsawed around some today. Sold puts this morning but then hedged again near the NDX 1940 resistance and had to lose a 1/10 there then was a bit slow in closing my calls and gave away a little more. All in all still up though but I think the broker got more than me. <ggg>

4:05pm 05/17/01 [ADI] ANALOG DEVICES SEES Q3 REVENUE DOWN 10% FROM Q2

4:05pm 05/17/01 [ADI] ANALOG DEVICES SEES Q3 EPS IN 23-25 CENT RANGE

4:04pm 05/17/01 [ADI] ANALOG DEVICES Q2 REVENUE $601 MLN VS. $581 MLN YR AGO

4:03pm 05/17/01 [ADI] ANALOG DEVICES Q2 EARNS 31 CENTS VS. 32 CENTS YR AGO

4:03pm 05/17/01 [ADI] ANALOG DEVICES Q2 FIRST CALL ESTIMATE EARNS 31 CENTS

======================

4:22pm 05/17/01 [DELL] DELL: HAS 1/10TH INVENTORY OF CLOSEST COMPETITOR

4:21pm 05/17/01 [DELL] DELL Q1 FIRST CALL REVS TARGET $8.03 BILLION

4:20pm 05/17/01 [DELL] DELL COMPUTER Q1 REVENUE $8 BLN VS. $7.3 BLN YR AGO

4:19pm 05/17/01 [DELL] DELL Q1 FIRST CALL TARGET 17 CENTS

4:19pm 05/17/01 [DELL] DELL Q1 EARNS 17 CENTS VS. 17 CENTS YR AGO QTR

======================

My favorite quote of the day from this morning...This is straight from Briefing .com, Not me!!!!

10:17 ET Krispy Kreme (KKD) 58.89 +2.49 (+4.4%): Merrill Lynch reiterates (pre-open) its near-term Reduce rating on issue following sharp uptick in price yesterday; says price action prompts concerns that "silly season for trading is open again."

LOLOLOL

NDX horizontal resistance held so far. Now do we view that as hard resistance or is the NDX forming a bullish flag? Hmmmm

ADI sees 10% negative growth, DELL misses on revenues, JNPR guides down, I guess that means we rally hard tomorrow. <gggggg>

Good Luck,

Lee
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