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

To: Chris who wrote (34788)	11/5/2000 2:55:40 AM
From: Lee Lichterman III	Respond to of 42787

Yes, most of the big stocks are right at resistance levels. CSCO's managed earnings may provide the catalyst to launch everything over resistance unless their slush fund can't find the usual penny over estimates but I doubt it. I am thinking the safer bet is to hide from tech and short Banks. I show them all extended. Knowing credit spreads are on the brink of disaster and that brainless Mo Mo investors run the techs for no reason, bank stocks may be the best of both worlds. If the economic reports are bad this week, they get hammered. If tech rallies hard, it may suck money from other sectors like the banks. Either way, the BKX may be a easy short. Only risk I see is a friendly PPI this week. Good Luck, Lee