Stock Attack -- A Complete Analysis Message Board

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

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To: Chris who wrote (14401)	8/11/1998 11:40:00 AM
From: Lee Lichterman III	Read Replies (2) of 42787

Never mind if that is what they are doing. I stay away from the small issues and stick with the volatile high volume guys. DELL bounced nicely off their up channel line at 105 1/2 but they still have a down channel that if they break through the 105-106 support in the next wave could take them to 101 or the big drop bottom of 96. I doubt it will come to that but if some key supports on the indexes break, the fear might finally arrive. I noticed some stocks have broken through long term channel supports already again. Even KEA which has no Asian exposure got caught and went to 47 for a while. I showed good support at 48. I am still confused that some exposed stocks are holding as well as they are. I thought MU would fall to 28 at least and AMAT is only down 2 to 32 1/2?

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