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

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To: dennis michael patterson who wrote (18001)11/25/1998 7:26:00 PM
From: Lee Lichterman III  Read Replies (2) of 42787
 
Sounds pretty good as long as DELL stays flat. I am still worried about movement but you should be OK. ( I haven't updated my charts yet though) DELL has lagged in the bounce so far which threatens your calls but since it doesn't tend to move until earnings approach, it may not participate (besides, DELL earns money and as previously stated, only non money making stocks are allowed to play right now <g>). On the down side, DELL could dip when the market takes a breather but as long as they don't try to exercise, you should do fine there too.

Just be careful, Don sees weakness beginning of December and I am not impressed with the RUT and AMEX so far since they topped a while back and have stayed sideways ever since. PCs seem to be in a holding pattern with only GTW getting the love lately.

Will write more later when I know a little more. Haven't downloaded to update my charts yet.

Did you see this tidbit about the Japanese banking stuff? A lot bigger than most thought although I think we all suspected here.
afr.com.au

Be careful posting your trades in public as you don't know who is reading these. I don't use real stops since I have seen them run too many times. The same could happen with strikes on your spreads.

Lee
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