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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 (13371)	8/1/2001 9:38:53 AM
From: Chris	Read Replies (1) \| Respond to of 52237

usual routine, need good close. sox already abv yesterday's high

To: Paul Shread who wrote (13371)	8/1/2001 9:47:04 AM
From: Terry Whitman	Respond to of 52237

Your outlook sounds credible to me. Speaking of the Ameritraders: What ever happened to Stewart? Last we saw of him- markpoyser.com

To: Paul Shread who wrote (13371)	8/1/2001 10:07:41 AM
From: Chris	Read Replies (1) \| Respond to of 52237

many trendlines in play, but sox daily has a top channel as last remaining resistance. draw from 5/22/01 high, 6/8/01 high and extend. we are close (not yet, but close) linear scale

To: Paul Shread who wrote (13371)	8/1/2001 10:30:09 AM
From: bob wallace	Read Replies (1) \| Respond to of 52237

from RealMoney Trader's TRack: Jay Shartsis MSFT 8/01/01 10:13 AM ET Nice piece on Microsoft (MSFT:Nasdaq) from Bernie Schaeffer. He thinks the stock is under serious distribution and points to the "very good" news from the Federal Appeals Court which resulted in but a one-day rally. Two weeks after this widely hailed event, the stock was 7 points below the level it was at before the news. Shortly thereafter, the company announced that it would meet its revenue target and this set off another sharp rally which also soon reversed back down. Schaeffer thinks that the action here is quite negative and as important as MSFT is, a bad omen for the rest of the Dow industrials, which he believes to be under similar distribution. To his analysis I would add that there has been plenty of call buying for MSFT options, which I take to be quite bearish and I'm looking to short the stock soon.