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

To: Poet who wrote (6007)	4/19/2001 6:24:03 PM
From: Lee Lichterman III	Read Replies (2) \| Respond to of 52237

I'll know more after I read the charts tonight but I sold most of my stuff 2 days ago and sold the last of my LEAPs at the close today since I was sweating the MSFT and SUNW reports. They appear to have done OK so I was too early. Still my upside target was "only" 2200 NDX and it is getting close. The last 1/8 as Casaubon pointed out can be costly. <ggg> Heinz has a turn on the 23rd and I would expect some sort of pullback sometime since we have gone vertical the last few days. I am already seeing a lot of stupid prices. My favorite stock to hate (QCOM) is trading at 67 in after hours when a week ago it was in the 40s. US rates aren't going to help China, NOK etc so this is just plain silly for a lack of better words. As I said yesterday, we need more pain because obviously the idiots haven't got the message yet. 99-00 was a fluke, that kind of growth isn't coming back anytime soon. Unfortunately this is like any other mania time in that it can go on a long time. That said, I might buy a pullback next week but once my 2200 NDX is hit, I will be buying LEAP puts on the QQQs and some of these fluff stocks. As for earlier than that, I need to see my charts tonight first before I know what I will be doing tomorrow. I generally try to stay flat over weekends so I doubt I will do much. I am still holding some common long but most of those are being held due to my being short calls against them and me being too lazy to cover. -gggg- Good Luck, Lee