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

To: Paul Shread who wrote (6400)	4/26/2001 11:27:07 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 52237

Hope you are right about the 35 day cycle. I shorted a third of MMM today but am sweating bullets as they used MMM and UTX today to prop the DOW since they are heavily weighted as they sold off the other junk. I will probably add another 3rd if they run it up to 125 or so assuming the GDP number isn't so good I have to change my FA outlook. Gersh, nice fork once again. A 75 point drop in the SPX would be sweet! Sneaking a peek at my weekly charts which aren't really valid until Friday closes, I am amazed at the number of weekly sell signals firing off in tech land. Maybe I should have shorted more tech but I keep thinking we get AllanAlias' "c" wave up first. That inverted H&S I spotted 2 weeks ago is still in play also so until it gets negated, I hate to put too much money betting against it. I am more interested in seeing how the NDX does once this gap fills around 1650. Good Luck, Lee

To: Paul Shread who wrote (6400)	4/27/2001 9:03:17 AM
From: Roebear	Read Replies (1) \| Respond to of 52237

Paul, I liked this part of the GDP release: The price index for gross domestic purchases, which measures prices paid by U.S. residents, increased 2.8 percent in the first quarter, compared with an increase of 1.9 percent in the fourth. Excluding food and energy prices, the price index for gross domestic purchases increased 2.4 percent in the first quarter, compared with an increase of 1.6 percent in the fourth. I should say my portfolio should like it also, currently gold and dollar both up but gold up more than dollar. We'll see. Best Regards, Roebear