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


To: Jan Crawley who wrote (35337)11/10/2000 3:59:53 PM
From: Lee Lichterman III  Respond to of 42787
 
Sometimes our most fearsome enemies are ourselves. As traders we already know that, too bad the rest of the country hasn't learned this lesson. No one can protect them from themselves.

This close is getting ugly but I still see islands of support in tech. Most of it however is still concentrating in safety stocks like MCD, MO, ADM etc.

Buy when there is blood in the streets??? Of course it is only splatters right now and could be up to our nexks next week if the ME and the election stuff gets worse. Times like these make a market.

SOme of this is getting into buying range again but I didn't pull the trigger on much and actually just shifted my holdiongs from some weaker stocks to some stronger ones. I have too many signals telling me not to short but not enough buying signals to go too much more long. I think I will stay where I am and hope I can get goo d enough gains from what I am holding now rather than risk too much more.

Good Luck,

Lee