Stock Attack -- A Complete Analysis Message Board

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

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To: Electric who wrote (17350)	11/4/1998 12:04:00 AM
From: Lee Lichterman III	Read Replies (2) of 42787

I am watching MU but it has been so strong I am going to wait for extra good signals before jumping. Of course I may wait too long like my AMAT call. I sat and watched it fall two days in a row now. I had a chance to take 50% on my KEA then got super busy at work and missed it. Hopefully the Democrats gaining a few seats will push the market up tomorrow on the belief that the whole Clinton stuff will go away for a while. I still think it could double but I am thinking about to boarding the DELL train too so I will need a good short candidate for puts to balence things out soon. I had DELL as weak this time frame and expected it to turn next week. I was hoping for more pullback first though since I hate to buy this high. I really haven't looked at it too hard lately and it is trying to make a H&S pattern right now so I may pass this earnings play up until more is known. OEX is still sitting just below my resistance line so I hate to enter any new long positions until it resolves itself. The thing that bothered me about today was the majority of the stocks I downloaded tonight were in the red yet the internals of the market were almost even. I noticed many of the mildly defensive stocks were up while many of the techs were down although not much. May want to watch this for a few days. I still haven't had a chance to check out PAIR and I will swith the chart on HMTT to the short term one tomorrow night when I update my site. I was running late tonight due to overtime at the job so I just updated the prices and wrote a couple comments and posted. Good Luck, my gut says tomorrow is up still. Lee

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