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

To: Chris who wrote (8297)	5/7/1998 9:36:00 PM
From: bruin	Read Replies (1) \| Respond to of 42787

hi chris how r your midterms going i just done two of them today and will have one more to go on next mon check out invn chart looks great to me what do u think about market again i ve seen some nervous around so u r saying a major correction is coming m i right thanx

To: Chris who wrote (8297)	5/7/1998 10:58:00 PM
From: Magnatizer	Read Replies (1) \| Respond to of 42787

Chris RECY snuck back above its IHS neckline today. Looking very good. Now if the market can just wait a few days we are going to get some real action. If not, I will be glad to scoop some RECY up when the correction is at its bottom. And that bottom will be.... who knows? ht david

To: Chris who wrote (8297)	5/8/1998 12:09:00 AM
From: donald sew	Respond to of 42787

INDEX UPDATE ------------------------------ All my charts are not yet updated but my initial readings are that the majority of the indexes are now CLASS BUYS to obtain at the lows tomorrow. If the economic numbers are bad, I will wait an extra day to get in (Monday). If the numbers are in line or up, I will try to identify the low of the day and go long. I am not saying that we will set new highs, since that is doubtful but I will be playing for the pop. If the numbers are in line the market will open up, but probably still sell off on a intraday basis. If the DOW goes negative 50-100 points that will be the time to initiate a long position. The upcycle which should start Monday, or could start as early as tomorrow afternoon, should last 3-4 days; therefore the next short-term down trend should start next THUR/FRIDAY. I will probably go with the OEX tomorrow if the above conditions are met. I realise that many may be looking for the big drop; that will happen soon but the probability is that it will not happen during this specific short-term cycle. Seeya