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

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To: Magnatizer who wrote (9702)6/5/1998 8:27:00 PM
From: Kenneth R Miller  Read Replies (1) of 42787
 
Thanks for the recap of Jerry Favors report.. it looks like if the market is going to rally.. it will have to do so at the risk of high P/E and having to watch for your stock to tank at any moment on negative news like WLA or DELL today.. therefore if anyone wants to enter the market this coming Monday.. maybe they would be better off to look for entering a stock closer to good support prices... I have been looking at LLY and HAL, SLB, GLM, and DO.. all had good price action today and looking at their charts.. they all look like good potential from here and have all suffered recent hefty declines.. so they have already corrected somewhat.. What do you think?? I'd like to enter PFE and DELL, but they still look too high to me.
Have a good weekend... regards... Ken
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