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To: dennis michael patterson who wrote (23249)5/22/2000 4:13:00 PM
From: Lee Lichterman III  Read Replies (5) | Respond to of 42787
 
Nice trading Dennis. I honest to God was going to buy XLKFN ( XLK calls ) no premium to speak of and figured at least a dead cat bounce would get me a few points although I wasn't going to buy many of them and figured I would be legging in as we went down more tomorrow. Doh!!! Heck the NASDAQ rallied 100 points while I was writing my first post here.

Challo, I didn't ban you honest!!!!!! -gggg- I just posted there and it was working. I will check it in a bit and see if your profile is still there or not. I haven't seen any problems since the one time it dumped a month or so ago. I did do a back up last night so I can reload you if I have to and you were still there last night.

The laggards finally kicked in near the close. I was watching some old favorites like HLIT, FLEX, PMCS, RFMD etc and they were lagging until the last 20 minutes or so.

Don, head fake to paint the close for J6P or hammer bottom. We had plenty of volume for a hammer so it could be it. I won't be able to tell until I get my EOD data loaded in and scan the charts to see how the candle sits on supports. If the body is on support and the tail/handle over shot, I would lean towards a hammer bottom. If the handle shot down to support then came back up to a body floating in the middle of no where, then I think it is tape painting. JMHO

Good Luck,

Lee



To: dennis michael patterson who wrote (23249)5/22/2000 4:52:00 PM
From: Gersh Avery  Read Replies (1) | Respond to of 42787
 
Sorry dennis .. didn't close out.

18 is my limit on those.

interesting to see the NDX close in the green!

I'll post my second entry target tonight.

FWIW

I don't think that today was a bottom.