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

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To: Dom B. who wrote (15500)	9/9/1998 12:29:00 PM
From: Judy	Read Replies (1) of 42787

Dom, I rarely do fundamental shorts since at heart I am a permabull ... but technical shorts for options flux I can handle. Scares me to death shorting for a flip when the DOW is roaring 380 points up, but I can jump on a falling knife when the DOW is crashing 500 points down. Haven't figured this out yet. As rotation occurs during distribution in the short-term, my sense is that money that selects to remain in the market will move into the semi sector. As such, I look for INTC to retest its breakout point at 87 soon. AOL momentum is trying to turn positive again but not sure if that can be taken as an indication that the internet sector will turn up again.

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