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


To: Chris who wrote (12898)7/22/1998 11:55:00 PM
From: Lee Lichterman III  Respond to of 42787
 
Amgen should run well tomorrow. Fortune just highlighted that it got FDA approval on a new drug, phase 1 only I think but after market activity was up big.

I have read a few of those I respect refer to playing EGGS tomorrow, what is up with them, seems to be a high interest stock tomorrow.

Chris, I followed your link to the S&P chart, then nosed around a little. He also called a wave 5 top on June 10.

I think if GTW doesn't kill us, the tech rally will resume for a select few. I actually saw a few small caps starting to rally until this week killed that attempt, so confirmation might be trying be it a small attempt. The A/D was ugly today and I even noticed some defensive stock indexes moving up for the first time in a while; utilities, consumables etc so many are starting to think defensively. However the bond didn't move much so I think we have till mid to late August at least. I haven't bought any calls past that yet. <ggg>