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 (14566)	8/13/1998 3:31:00 PM
From: Lee Lichterman III	Read Replies (2) of 42787

Chris, DELL is about to be squeezed according to my chart between the downward trendline formed over the last 2 weeks and the upward trendline from it's initial run the 16th of June. This should prove interesting if there is a sell off tomorrow as everyone expects. A gambler could buy now hoping for a rally on the close to give it some room to fall tomorrow or else gamble on a pop tomorrow. it would be hard to believe this will dump support 3 trading days before earnings and volume is way down on it's decline today. The 30 minute chart also shows the stochastic ready to curl up. I know it is a crazy trade but I am staring at the september calls real hard in this last half hour. <ggg> <edit> PS - Those Micron puts would have "only" earned 30% today, so I didn't miss the double after all.... yet

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