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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 (27394)8/11/2000 9:14:37 AM
From: Lee Lichterman III  Respond to of 42787
 
Well GLOBEX has a strong upward bias with it taking about a negative 7 1/2 to get a sell and a negative 2 is still a buy but eh NASDAQ may be a different story. On island, DELL is trading at 38 and change and CSCO is at 62 1/2. SUNW is still strong so far around 110.

Unfortunately I was short on time so I don't have any FA on my plays, I am just looking at charts and I like the alignment of the cycles and the candles they made the last couple days.

Retail jumped up to double expectations. I haven't seen PPI yet so maybe the retail news is what pushed futures down a bit. Still not low enough to trigger a SPX sell program. Of course lately, the SPX and NASDAQ have been disjointed.

I am late for work, Good Luck,

Lee



To: dennis michael patterson who wrote (27394)8/11/2000 9:17:05 AM
From: Chris  Read Replies (2) | Respond to of 42787
 
couple things to consider:

1) over the weekend, the value of the puts will drop. time decay

2) eeekk.. time pressure... i hate that

i wouldnt be too greedy on this trade.



To: dennis michael patterson who wrote (27394)8/11/2000 9:44:32 AM
From: Chris  Read Replies (1) | Respond to of 42787
 
watch ibm

i have position