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

To: Lee Lichterman III who wrote (42041)	2/6/2001 12:29:35 AM
From: Lee Lichterman III	Respond to of 42787

By L3_Aka_L3 on Monday, February 05, 2001 - 11:36 pm: Edit Site updated and I am a bit surprised to be already getting short term over sold signals on the NASDAQ, NDX, QQQ and a few key stocks such as EMC, SANM, SUNW etc. Therefore I guess I have to concede and agree with Don that we are approaching a short term bottom and should start looking for the long entries. Of course the wild cards in this whole equation are CSCO earnings after the close tomorrow and the elections tomorrow that Barak is expected to lose. A lot of news articles today about how bad Japan is with Banks about to go under, gloomy recessionary views and threats of businesses going under. Most articles seem to think they will hold up OK until 31 March when they close their books for the year and start fresh. That is when things are expected to get ugly. Not much to worry about now but something to file away for later next month. Not much else to say tonight. AMCC gave a psuedo warning that things were slowing down and that many of their orders had been pushed back so look for weakness there and in their sector such as PMCS again. Gauging from the charts and my signals, I suspect CSCO will be OK and could spark a rally Wednesday but who knows for sure, charts aren't 100%. I have no more puts of my own and now only hold LEAP calls on the QQQ and have the buy write on NTAP. I might dip a bit more tomorrow but will most likely wait for CSCO's report before commiting too much more to the long side. Our indicator is in neutral ground except for the DOW which is close to signalling a possible sell soon. Good Luck, Lee This is my computer scan only. Computers don't know about news, fundamentals, Israeli elections, CSCO earnings etc. Do your own DD....... Fairly even split tonight between buys and sells versus all sells a few days ago... Ticker Symbol Security Name Close BUYS AMZN AMAZON COM 14.438 CLIC CALICO COMMERCE 1.063 JNPR JUNIPER NETWRKS 104.75 NOK NOKIA ADR 33 GLW CORNING 51.76 BRCD BROCADE COMMS 84.375 INTW INTERWORLD 0.719 ADBE ADOBE SYS 45.375 SEBL SIEBEL SYSTEMS 68.125 Q QWEST COMMUNICA 40.9 MEDI MEDIMMUNE 39.938 IMNX IMMUNEX CORP 31.5 FMO FEDERAL MOGUL CP 3.29 IMG INTERMAGNETIC 23 WCII WINSTAR 15.938 CIEN CIENA 84.5 PMCS PMC-SIERRA INC 69.75 HGMCY HARMONY GOLD 4.563 LU LUCENT TECH 17.82 ITWO I2 TECHNOLOGIES 49.625 AOL AMERICA ONLINE 49.37 SELLS HLTH HEALTHEON CORP 8.844 WCOM MCI WORLDCOM 21.375 BEAS BEA SYSTEMS 64.625 EBAY EBAY 46.688 PKSI PRIMUS KNOWLDGE 8.313 BMCS BMC SOFTWARE 28.813 HL HECLA MINING 0.88 TIE TITANIUM METALS 10.14 BDX BECTON DICKINSN 35.96 GOLD GOLD FIELDS LTD 3.938 SEIC SEI INVEST 85.375 CHRZ COMPUTER HORIZON 4.813 CMB CHASE MANHATTAN 45.438 LDG LONGS DRUG STORE 25.29 EC ENGELHARD CORP 22.85 UK UNION CARBIDE CP 52.77 JEC JACOBS ENG 50.35 ASA ASA LTD 17.2