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

To: dennis michael patterson who wrote (24154)	6/5/2000 9:30:00 PM
From: Gersh Avery	Read Replies (1) \| Respond to of 42787

enjoy your trip!

To: dennis michael patterson who wrote (24154)	6/5/2000 10:00:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 42787

securitytrader.com Dennis, the above chart is a little troubling for longs, especially if this is a completed 5 wave count from the lows a week and a half ago, plus weakness in the $. bulls need to step up to the plate and take out oex 800, if the oex reverses thru the supply line that would be a big negative. b

To: dennis michael patterson who wrote (24154)	6/6/2000 1:48:00 AM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 42787

Have a safe trip and enjoy yourself. Drink some fine wine and see some sites. I miss the art. My stuff shows we are at make or break levels here. Screaming short signals but market doesn't act like it wants to go down so I am going to hold off on actively shorting and see what happens. If this is a break out, it could get ugly for the shorts with so many looking for a pullback. Most of the threads I monitor had everyone going short. If the pros are leaning the same way, can you say squeeeeeze? I knew you could. <g> If the draw back is on schedule and minor, I will get long. If it turns into something worse, then there will be plenty of time since the break down will take it down hard. Thye window dressing for the funds is coming to an end and they are already toputing that they did fine despite the drawdown in teh indexes. I saw they were gloating down 5% to up 10%. I wonder what it would have been if they had to mail those things out a week earlier. <ng> Let's see how big of ones the bulls have now and how much thorazine and Prozac they have left. CSCO and SUNW back to PEG ratios of 1.8 and there were already some earnings warnings from a few tech stock companies tonight after the close. This is where the fun usually starts again with irrational ramp ups then slams as some does of reality trickle out. There was a good article on Analyst touts I copied onto our board. Basically it said that if an analyst's company was the underwriter for the stock, that six months from the time it was "recomended" by the analyst, it was down 50%, if the analyst was independant, it was up 25%. Funny, Goldman Sachs was specifically noted to not want to respond to the article. Hmmm, arent'they scheduled for a secondary offering soon? And Ralph Icanmakeyoupoorer just stated that the bottom is in and it is all clear to get long again. Maybe I should have bought those puts after all. <ggg> Good Luck, Lee