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


To: Chris who wrote (11301)7/7/1998 9:09:00 PM
From: bobby beara  Read Replies (1) | Respond to of 42787
 
I think you are right Chris, the only thing I would be confident long in (somewhat) is in MSFT long.

I would wait for a breakout of the current trading range. MSFT could have a blast-off like the internets. A percentage move equal to wave one off 94 lows would put MSFT @ 159.

bwdik,
bb



To: Chris who wrote (11301)7/7/1998 9:16:00 PM
From: Lee Lichterman III  Read Replies (1) | Respond to of 42787
 
We agree there but that is my quandery (sp?)

DELL is screaming buy me to me yet I don't like the market overall. Heck if Yahoo and the other internets can go up on no earnings, Could DELL hold off no market until after earnings? <ggg>

I think I might see your forecasted pullback to 85 area (I show 86), however the upside seems to weigh the downside IMO. If DELL did pullback to the 85 arena I feel it would be a market wide event.

If as some say the DOW is topping and DELL did fail to make it any higher than here, it would be a poor sign indeed of upcoming events. If this rally fails, it would put double tops or H&S formations on almost every tech I chart. Needless to say, my nails are allot shorter lately. Don't you feel it is at least necessary to go higher or the bull has been turned into steaks?



To: Chris who wrote (11301)7/7/1998 9:28:00 PM
From: Chris  Read Replies (1) | Respond to of 42787
 
MER UPDATE:

some resistance at 109