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

To: Chris who wrote (13246)	7/27/1998 5:50:00 PM
From: Darth Trader	Read Replies (2) \| Respond to of 42787

Lefevere book a must read, several times. <e>

To: Chris who wrote (13246)	7/27/1998 9:24:00 PM
From: dennis michael patterson	Read Replies (2) \| Respond to of 42787

Favors tonight. 1. The A/D line has fallen below June lows. 2. The A/D line is accurate at forecasting tops, not picking bottoms. 3. The minimum on this rally is a day with a higher high and a higher low than the previous day's rally. 4. He espects this rally to end around 9150 on the Dow. 5. For the ST trend to remain up, the Dow must hold 8855. If not, then the ST up move is over. 6. Quote: "We will be taking all subscribers 100% short when the time comes." He says it can happen quickly, so "be prepared." Is this guy right? He seems to have an excellent track record, as others on the thread will attest. I was surprised by the strength in Dell at day's end but not intra-day. I think what is more telling is the fact that excellent stocks like LU and AOL came off their lows but did not move to the upside. Remember: the last rally collapsed because too few stocks were going up. I think this one will collapse more quickly, because even fewer stocks are going up. I love Dell, and it was painfil to sell it today. But I think it is dangerous now to be long this market. But what do I know?