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

To: David Weis who wrote (11698)	7/10/1998 10:08:00 AM
From: Chris	Respond to of 42787

lu basing for now.. everyone, dow just went negative. please be careful.. i would not enter any NEW positions until mkt trend is defined. please be careful. i would rather be wrong (on a mkt top). DELL just lost it's gains. NAZ just went negative.

To: David Weis who wrote (11698)	7/10/1998 10:10:00 AM
From: Chris	Respond to of 42787

i think dow is bouncing off the 5 day ema right now. DJ INDUSTRIAL IDX closed at: 9,089.780 The close is currently Above its 5 period exponential moving average (9,088.4932). The close is currently Above its 9 period exponential moving average (9,045.8457).

To: David Weis who wrote (11698)	7/10/1998 10:11:00 AM
From: Chris	Read Replies (1) \| Respond to of 42787

reason for caution: if you buy now, any mkt pullback will leave your position up high and dry. your existing positions you hold and watch.. you prefer decreased profits (but not a loss - if you bought now and mkt pullback)

To: David Weis who wrote (11698)	7/10/1998 10:18:00 AM
From: ViperChick Secret Agent 006.9	Read Replies (1) \| Respond to of 42787

dont know how many shares you have and yes you have to have a profit in these for sure so if it gets called away it will be okay remember next week is options expiration... you might want to sell July 85 calls today if they will go back up... yesterday bid was 3 1/4 at the end of the day... now it is 2 1/4 could have probably made a buck today if you had done it yesterday... but if you only have 100 shares..not worth flipping unless you think it will close at 85 or below..and they expire worthless