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

To: Claud B who wrote (10101)	6/25/2001 2:25:40 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 52237

Thanks! Do you slow it down any to make it more useful or is it meant to be used as a daytrading indicator. It seems to bounce all over the place was my point when I posted the chart. A fast MACD, Stochastic, RSI, Money flow etc would seem to do the same thing if it was fast enough. I like prediction indicators, not trend following ones since I am 99% options and not stock so maybe it is just me. JRI, Agree with EXDS. They are probably fine for big corporations but when I was looking for a host to run our site, EXDS' prices were ridiculous. I don't need something that will withstand floods, Nuclear war etc and I pay about 1/100th the fee that EXDS wanted to let me put our site on one of their servers. Their prices will have to come down eventually as there is just too much competition out there that will suit most IT managers. I have only had a server problems one time which is more than I can say for most websites. CONTRARIAN ALERT - I finally got filled on some LEAP puts early this morning and now have 50% of my LEAP calls straddled by LEAP Puts. I haven't hedged everything because my charts are still on an old buy signal from last week, my target area of 1800 NDX has not been hit yet and I haven't received any over bought readings yet either. The recent weakness has me worried so I hedged a bit early but the spike up this morning allowed me the entry at a decent price after trying for 2 days to get filled to no avail. I saw a chance and took it. The action since Thursday looks like it could be a big giant bullish flag from the earlier move upwards so I am actually hoping for some upside movement later but with the unknowns of the Fed meeting and the weakness the market has shown lately, I just hate holding naked longs here especially with more warnings possible and the MSFT decision due at any time. I am betting long a bit but now have some crash protection. Recent bullish moves seem to be random and have no staying power which also worries me. ( I worry a lot -ggg-) BRCD was strong the last month but now has broken down, EMC/NTAP can't seem to find a floor, SUNW's pop from this morning lost steam fairly quick etc. The strong TICK readings today haven't resulted in much upside movement and the NYSE TRIN is still showing distribution. I now hold VZQAN long Jan 03 40 calls and half as much VZQMS Jan 03 45 Puts and have this boxed now with a slight upwards bias. I also still hold some old DOW component puts which adds to my down side bias but I think of those separate from my tech side plays. I am more bearish on the DOW for the next couple months than tech. Good Luck, Lee