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

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To: broken_cookie who wrote (6803)3/17/1998 12:44:00 PM
From: Judy  Read Replies (2) of 42787
 
Hello Richard,

CPQ approaching first entry point ...

Drillers and oil services are on their way to forming a bottom, I've been waiting for the bellweathers and the strongest valued (SLB, HAL, RIG, and NE) to tank below their 200-day emas and base. They finally tanked this week. Old adage of generals being the last to fall in battle and the first to lead in a rally holds for sectors. btw, are you still holding MDCO?

GE will not fall apart until the DOW does, and GE by itself is not a fundamental short. Fridge is working fine now, but I'm still down on GE appliances.
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