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

To: C.N.S. who wrote (6771)	3/12/1998 5:11:00 PM
From: Judy	Read Replies (1) \| Respond to of 42787

Shivu, the pivotal point for BAY is 27 1/2 ... it is not the low point. Technical support at 28+ but I base trading support on the 2 1/2 increment buffer zones for strikes (recall from my old, old posts about buffer zones). The buffer zones for strike 30, lower boundary at 27 1/2 and upper boundary at 32 1/2. Once BAY violates 27 1/2 on an intraday basis, there is a good probability that it will trade in the buffer zone to strike 25. Given my view of where the bullchannel starts for BAY, I'd not enter a long trade if my pivotal point is violated. Note today's intraday low was EXACTLY at 27 1/2. btw, I invest in and trade BAY. BAY should work out long-term, its new management is solid, new products are on the horizon and a long-term game plan in place. House learned from Groves well. Thanks for soliciting the opinions from your vendor friends on DELL/CPQ. I'll post more when I've time. CPQ and DELL are old friends, both from a computer and stock perspectives. In early 1980's I bought the first portable computer that CPQ made, a full 28 pounds. Often I took it on business travel, and one time some airline attendant complained "I don't know why they let these women bring sewing machine s on board!" Hmmm. Oh, now I only own DELL machines.

To: C.N.S. who wrote (6771)	3/19/1998 3:04:00 PM
From: Judy	Read Replies (1) \| Respond to of 42787

Shivu, BAY has prewarned and the market has had two days to react, stock is trading above the pivotal buffer zone boundary of 27 1/2, I am aware of the news release today. Let the dust from options expiry settle and I'll post my views again. When BAY closes on/above its 200-day ema and if the blocks do not sell during program sells I shall go long for a position trade again. The fundies will square off their portfolios with the "right" bellweathers to close the quarter, BUT with the April IRA liquidity the funds should be moving into the value stocks. My sense is the fundies will decide BAY offers good risk/reward. More on DELL and CPQ later. btw, at what price would you be willing to own CPQ shares?