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


To: Electric who wrote (12469)7/20/1998 5:54:00 PM
From: Chris  Read Replies (1) | Respond to of 42787
 
LU might be trading on a higher ascending level. (remember how dell broke my trendline to ascend at a higher angle?)

anyways, with earnings on wednesday, i think it's a climax top coming up.



To: Electric who wrote (12469)7/20/1998 5:57:00 PM
From: Chris  Respond to of 42787
 
great site!!

Message 5255408



To: Electric who wrote (12469)7/20/1998 5:58:00 PM
From: Judy  Read Replies (1) | Respond to of 42787
 
Electric, watch the market's reaction to IBM news, this market has bullish legs still and one does not short calls until the momentum has faltered, it has not yet. You know I don't trade IBM and only watch it casually.



To: Electric who wrote (12469)7/20/1998 6:01:00 PM
From: Chris  Read Replies (1) | Respond to of 42787
 
i agree with judy. ibm is up 7/8 on after hours from someone on ibm thread.

if that is true, then expect a strong opening and watch the close.
if close reverses, then you can initiate your puts.