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


To: Lee Lichterman III who wrote (22443)3/25/2000 10:44:00 AM
From: Chris  Read Replies (1) | Respond to of 42787
 
if you look at the naz comp, that is signal of a failure.

but it doesn't mean were going down.. just means naz comp isn't breaking to new highs on that move.

so, there is more evidence of pullback coming next week than previous days. (as seen in my post, i was expecting pullback in the market starting thrusday.. hehe)



To: Lee Lichterman III who wrote (22443)3/25/2000 11:00:00 AM
From: Chris  Respond to of 42787
 
i think you did the right thing. the new techs were not that strong (for the last week)

i was watching jdsu for entry. market is up 150+ points, and it's unchanged! no money flow.



To: Lee Lichterman III who wrote (22443)3/25/2000 12:21:00 PM
From: Chris  Read Replies (2) | Respond to of 42787
 
another good stock im already in:

AMTD

broke 200 sma yesterday.
brokerage stocks really coming up.. I missed Schwab (SCH).
Earnings are april 19 after the close.

resistance 25
after that 29-30



To: Lee Lichterman III who wrote (22443)3/25/2000 12:30:00 PM
From: Chris  Read Replies (1) | Respond to of 42787
 
if want a short candidate, look at brcm

double top?

trading plan:

short near 250 and stop out if breaks to new highs.

target short cover 210-220

what do think?

not a recommendation to buy or sell.