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

To: Electric who wrote (13612)	8/3/1998 7:24:00 AM
From: dennis michael patterson	Read Replies (2) \| Respond to of 42787

Electric: remember what happened with Dell after hours on the night earnings were announced? Dell dropped a few points, and it looked like the next day would be awful. Then Cramer got on Squawk and banged the table. Dell came back and gapped open. Believing that the smart money would sell, I aped the smart money and sold. Then I shorted because Dell turned south almost immediately. It just looked so clear to me that I had to short it. But I sat there for an hour until I had 3 points on the short, put in a "buy to cover" order and went back to my regular work. Perhaps earnings this time will provide a similar oppoprtunity. Speaking of opportunities, can it be that the public is ready to sell this morning, eblieving that the market has turned? I hope so, as I am anxious to buy some Dell.