Stock Attack -- A Complete Analysis Message Board

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

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To: dennis michael patterson who wrote (15159)	8/27/1998 11:24:00 PM
From: Lee Lichterman III	Read Replies (1) of 42787

You mentioned Favors. I haven't found the nightly post of his analysis and today's would be a good one. As I mentioned I don't get to watch the market so I enter limit orders before I leave in the morning based on what I read here and my charts. Then I listen to NPR at work and if they mention a larger swing than I am expecting I call in and cancel my order or change it accordingly ( I carry my charts in my uniform pocket LOL). I know favors was expecting a pullback a bounce and then a fall to 7300 but I thought his first fall was supposed to either print 8316 or bounce off support of 8263. We fell through all those so he obviously must have changed his forecast accordingly, No? Do we have another 150 down tomorrow for 8000? Also Mondays are historically down and Tuesday mornings usually continue off of Monday before turning around lunch time. The only chance I see for upside tomorrow is end of month window dressing and an attempt to drive the DOW up so Joe six pack doesn't get a margin call this weekend or see he is down too much in the Sunday paper.

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