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


To: Chris who wrote (39874)1/3/2001 2:44:03 AM
From: Lee Lichterman III  Read Replies (2) | Respond to of 42787
 
I have nothing to sell. I went back to all cash last week and am now trying to get back in. I am eyeballing a whole list of stuff. SFA, QQQ, Various Profunds, some over priced Mo Mo stocks and a bunch of shorts on the DOW type stocks. I will likely play small though since I am at work and don't have charts to go off of and trading is hard to do on my phone.

Heinz made some good points regarding new highs and lows etc. He stated that in the early 70s bear markets, the new lows were worse in the beginning than later on so while anything is possible, bear markets act different than bull markets and that doesn't mean we are doing a successful retest or putting in a low.

ORCL is a tough read. I show it headed for 19 eventually but I do have a short term over sold on it so it could bounce first before rolling over and dropping the rest of the way..

Good Luck,

Lee