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

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To: Robert Graham who wrote (14686)8/18/1998 6:10:00 PM
From: dennis michael patterson  Read Replies (2) of 42787
 
Bob: I think that what Favors rfers to as the secondary rally is here and will soon run its course. Then the big downmove will start. I take the end of the day shennanigens in Dell as proof that people will blow out of this market at the first sign of trouble. The stock sold off huge because all the news is in. I would expect it to open higher tommorrow and close below its opening price. Just like today. As for the broader market, the scenario is unfolding just as Favors said it would. When he gives us a definite top number, I will surely post. But I am now all in cash and will not go long again.
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