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

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To: dennis michael patterson who wrote (17775)11/16/1998 1:11:00 AM
From: Lee Lichterman III  Read Replies (3) of 42787
 
I hope you are right about the rate cut. I have some calls still and am afraid to sell and miss out on the pop I think will come sooner or later yet afraid to eat a loss, isn't that normal though <g>. Why do you think we'll get one? I saw some hints on some trades but it may be wishful thinking. I still think we won't get one but that the market won't throw a hissy fit like last time. Probably just a dip then hold. Will let the charts tell the story after that.

I am not saying I don't like DELL, I just don't see a reason to rush out and get it right now. I think AMAT reports tomorrow so I am leary of anything to do with the PC sector right now. DELL should be dead for a while till next earnings get closer. I think banks will be the play on Tuesday once the rate cut either comes or doesn't. Now that the Iraq thing is over, airlines should climb again as oil comes back down. (How many times are we going to let Saddam bluff, make us pack up, leave families, go to the desert just to come home with nothing but mud on our faces). We are being manipulated like toys by this guy. Clinton is such a loser!!!!

Not much else to say. I have been too busy this weekend to do much looking around. Asia is up so far and futures are up around seven S&P and 9 NASDAQ on thin trading. I got the impression you held over earnings on your DELLs. Dangerous man are you? <g> We may get a pop tomorrow on this Iraq news. Might want to ditch them then and buy in later, possibly cheaper. I think 60 should get touched in the next few weeks.

Good Luck,

Lee
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