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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: Electric who wrote (17095)10/28/1998 7:01:00 AM
From: dennis michael patterson  Read Replies (1) of 42787
 
Electric. Interesting action, especially Dell. I am quite pleased with my trade. The market will be negative in the am today, but Favors is expecting a reversal, and he may get one. That would mean that buying Dell on weakness makes sense. The only problem is that it is pretty clear to all the players that we have, once again, failed at the 200 DMA in all 3 major indices. Lower is the path of least resistance.
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