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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 (31636)9/30/2000 12:51:52 AM
From: Lee Lichterman III  Read Replies (1) | Respond to of 42787
 
Dennis, sorry for the delay but Happy Birthday !!!!

I will get back to you on your mail earlier this week. I have been very busy and am not keeping up. Hopefully I can get to it this weekend.

As for the market, I haven't looked at much yet but I am also leery of the window dressing phenomonon due to the last day of the quarter. My first impression was that the selling was based mostly in the highest high flyers and core stocks. GTW, CSCO, MU, SUNW etc. To me that is healthier than selling the other 99% but propping those to hold up the indexes.

Cycles give me no reason to be bullish though and as of last night the weekly charts didn't look like a reversal week either. Haven't looked to see what they look like tonight yet.

My cycles hint at further down through Wednesday then a bounce late next week but I have only run through about 10 - 20 charts so far and I will hopefully have abetter feel after I do my normal weekend stroll through the folders.

Terry, I don't follow the paper stocks that heavy other than the charts. I did here something the other day about paper pulp being soft with margins being squeezed.

Good Luck,

Lee