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

To: Chris who wrote (22394)	3/18/2000 9:46:00 AM
From: Lee Lichterman III	Respond to of 42787

I see the same set ups taking place but I am also seeing some short plays setting up. Chen just won the Taiwan elections so we now have that hanging over the market for Monday. This is the first time the NAtionalist party has lost control and we now have a President in Taiwan that actively wants to be a seperate Nation State with China threatening to enforce compliance with them being combined. I guess this is what has caused MU to jump so hard on Friday in case they end up being the sole surviving chip maker after the dust settles. I noticed CSCO and SUNW were setting up nicely for rallies but I am just now getting ready to update all the charts. One important note even though I haven't updated everything yet. My site is closing down and we are moving to the new address. The AT&T site will be no more and Don't updates and my charts will now be at www.marketswing.com aka marketswing.com The servers are faster and the name is easier to remember. <ggg> Good Luck, Lee

To: Chris who wrote (22394)	3/18/2000 1:41:00 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 42787

I just finished my first run through some charts and checked the ideal closing values for options expiration and teh matches are uncanny. My pick on GTW was a nice mover and though I based it on TA, the ideal close for it was also 60 to make the most options expire worthless. It closed around 58 1/2 then at 1622 one 200 share block trade went across that moved it up to 59 1/2. Sneaky. I am seeing the same thing on many issues and now I am getting curious if the rally last week may have not been so healthy after all but a triple witch thing. My watch list so far has 4 longs and 3 shorts that I need to dig into deeper. I also need to check many of my other folders but the Taiwan thing, the triple witch/option expiration deal and a few other things have me wondering which way we are really leaning here. I fully agree with you that the "old" tech seems to be showing the most promise. One other thing that I noticed. The Fed has announced it will be buying back more debt so it may be mute, but I have a buy signal on the TYX. I haven't got around to loading up teh 10 year note yet so I need to do this to see if it is just a disconnect now that the 10 year is the standard versus the 30 year but it is odd. I am not sure what would cause a drop in bonds to drive up interest rates unless the curve is flipping back, we are about to have another explosive rally in stocks with bonds being dumped or some other phenominon. Good Luck, Lee