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

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To: dennis michael patterson who wrote (17247)10/31/1998 11:21:00 PM
From: Electric  Read Replies (1) of 42787
 
dennis,

I have been thinking about the market selling off for sometime, in fact that is why I havent dumped the DELL put that is a loser. I still think that there is going to be a pullback.

Yet it hasnt happened, and until I see a reason for it to I am not going to try to forcast..lol

I think the good GDP number and the upcomming fed easing ought to be enough to keep things afloat. I havent been right in my forcasting have I?

I think I might be early on that call, so if things look sour I might set a loss limit order on Sunday night on my DELL call, and let the put ride.

Earnings are comming in 2 weeks. That may be enough to keep the stock bouyed, although if I am not mistaken didnt DELL go negative on a P&F indicator last week?

We only had 2 trick or treaters come around tonite, my wife was bummed.

What do you think about CIEN? I missed the calls on Friday, but if it were to be purchased, it might still have $$$ in it to be made.

Anything else you are looking at? MANU seems to keep trucking, I started watching it about 2 weeks ago at 7, and it is at 15 now, and moves up nearly everyday. Still might be a good stock to get into.

See ya
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