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


To: Chris who wrote (22557)3/30/2000 1:33:00 AM
From: Lee Lichterman III  Respond to of 42787
 
Thanks, didn't know it was that close to earnings release. I don't like the chart pattern that much and this close to earnings.

I still want GTW but it doesn't apper I am going to get it at teh price I want. I will wait and miss the move. Work has me too busy to trade anyway.

The NASDAQ met my target so now it is decision time. Lines say we bounce here but volume and cycles say we could be in more danger. 4500 HAS to hold or we will see 4200 next.

High PEs are getting the worst of it which tells me this is interest rate worry related and not due to Abbey. The next couple days should tell what teh next move will be. I am still intermediate bullish but starting to get worried. I would be more bullish if my favorite contrarian indicator wouldn't have showed up tonight spouting bullish posts. Now I might have to go move all my support lines lower. <ggg>

Did you se teh B2Bs, add them to the list the semis, and biotechs are on, I believe they call it a poo poo list.

Good Luck,

Lee



To: Chris who wrote (22557)4/1/2000 10:49:00 AM
From: dennis michael patterson  Read Replies (1) | Respond to of 42787
 
Chris, you look like a genius telling your dad to sell 2/3 of Qcom at 162! I sold 75 percent of mine at 161 1/8 and I am glad i did!!