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

To: Challo Jeregy who wrote (13838)	8/4/2001 12:01:33 PM
From: Lee Lichterman III	Respond to of 52237

Yeah, I too wasn't too active, just partially rolled my 03 LEAPs into 2004 and at a lower strike. I actually only stuck my toe in with one LEAP and will add anytime we go down over the rest of the year. I see possibilities of upside but still think there will be one last swoosh down before all is said and done. AS for your earlier post about "nxd low today - 1709" I am not sure that was a valid tick and even if it was, it didn't last but about a second as there was a momentary total lack of buyers when the Services NAPM came out lower than expected and the NDX lost about 40 points in one tick then regained about half of it immediately crawling back up from there until we found the new range that lasted the rest of the day. I have mixed signals on my charts, while most of the smaller stocks are signalling daily sells, I have some weekly buys on MSFT, IBM, MMM etc that are all heavy weights in the indexes. I also show GE may bounce. If so, rises in those heavy weights could carry the indexes all by themselves or at least if looking at it with a bearish slant, mask selling in the other issues. Good Luck, Lee