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

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To: dennis michael patterson who wrote (17262)11/1/1998 1:20:00 PM
From: Lee Lichterman III  Read Replies (3) of 42787
 
Thanks for the Favors. Funny I take it he is saying maybe up then down till the 6th, then up again. My technicals are calling for up till the 6th then flat to down. I have resistance on the OEX around 546 with a top channel if the resistance is pierced of around 560 max within this week.

His forecast screws up all my plans. <g> I really really want to short IBM but am going to only paper trade it since I was wrong before luckily also only on the watch list. The way my indicator and the chart is lining up on AMZN, it could be going for a double top soon if it runs to the old high which time wise would be perfect for when I see my sell indicator being triggered in a week or two.

Someone on the BK thread was talking about On Balence Volume showing weakness on DELL and indicating a possible crash. I haven't had time to look for myself yet but I am seeing a possible H&S forming though you have to squint just right to see it so I will see how things pan out before worrying.

Maker a buck then duck <g>. Still plan on being all cash by mid November, other than that, I am taking it one day at a time.

Good Luck,

Lee
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