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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 (41624)	1/26/2001 11:49:39 AM
From: Lee Lichterman III	Respond to of 42787

I agree Dennis. I too am changing my tune after yesterday's testimony. That is the only time other than 87 that AG has spoken clearly and I sensed genuine concern. I think he is scared to death that we are going to stop dead and he will get blamed for it even though I agree something had to be done to reel in the mania and inflation of last spring. NASDAQ TICK is constricting and we should break hard one way or the other soon. I am hoping for down as my straddle is geared for short term down and longer term up. EDIT - One encouraging sign for the bulls here is that the defensive stocks are not moving up and are actually dropping for the most part. DD, IP, GP MO etc all down thus far. We might have just broken above the downtrend line on the intra day chart. Darn, the exact opposite of what I wanted..... Good Luck, Lee