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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (21794)7/3/1999 12:15:00 PM
From: Lee Lichterman III  Read Replies (1) | Respond to of 42787
 
Congrats on picking up EMC on the cheap. I don't know what I was doing but failed to get my kids back in on the half I pulled out a few months ago. I don't see EMC pulling back much more than 55. I think after this pullback the sky is the limit. They are looking for 60 on the EMC thread but the 70s and 80s is more where I am looking unless there is a serious disappointment on July 21st when they report. This will be a tricky time as they are up against the old short term top fork but I am hoping they will break out and return to following the longer term one that has huge upside potential.

Unfortunaetly, most of the stocks I like here have over priced premiums on their options and I like the returns on options better than settling for the low percentages on my small trades in stocks. I may try bottom fishing a few but haven't made up my mind as the weekend is young and a lot depends on what happens during Don's pullback.

Enjoy the day and Good Luck,

Lee