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

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To: Electric who wrote (15309)	9/1/1998 7:22:00 PM
From: dennis michael patterson	Read Replies (2) of 42787

Electric: don't be jealous. I want to help and I need your help. Let's make money. Long, short, calls, puts: it's all the same to me. Just want to get the trend. Favors says we hit his downside target for a minimum decline. He says Sept 4 is the next top, then new lows. If I had read this, I would have gone long Dell, which will go up tommorrow, I imagine. But I have to say that I am scared to death to be long this market. Dell at-- 93/94 --- sheesh!! But I bought my last load at 83, and sold at 112 5/8. So, life ain't too bad. I was teaching today (Uniform Commercdial Code) and missed all the fun. Bummer that was. I probably would have bought Dell. Let's see what tomm brings. The banks/finanacials were weak all day, so, I am not sure how much tomight revelations matter. Best to you. ps: Chries-- I bet he won't go back in until there is a definite trend. He's a conservative/intelligent trader. None of our "wild man" stuff for this boy! And where is Bob Graham????????

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