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


To: Chris who wrote (22507)3/28/2000 12:23:00 AM
From: Lee Lichterman III  Read Replies (2) | Respond to of 42787
 
>>im looking at WMT for entry<<

LOL, I only had two possible longs on my list tongiht and looking at my cheat sheet one of them is WMT with a question mark.

My only question is , is this a bullish flag or is this a repeat of the July, October and December 99 patterns that look just like it. However even these gave a last small pop up before dropping. Might be a scalp play with a close stop and then see if it turns into something more.

The real money will be if we can figure out when IBM and MU hit the top for short plays. The drops could be spectacular but hittingthe tops on these two have been really tough the last year or so. Just when you finally give up, they drop like a rock. <ng>

Good Luck,

Lee