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


To: Chris who wrote (14258)8/8/1998 2:55:00 PM
From: Lee Lichterman III  Respond to of 42787
 
I saw that too and was hoping it would break out. I stressed caution to Electric the other night and then had a break in self control myself and picked up some DELL calls even though I was going to buy puts on GTW instead.

DELL needs to clear that resistance at 109 3/4 to make its move and it couldn't do it Friday. Hopefully it was the "Don't want to hold over the weekend" syndrome that gave the bad indications on the market. I do see the flag you refer to that looks allot like the one in the beginning of July. Hopefully the end result will be the same.

The other thing to worry about as I pointed out Friday was that the sell programs seemed to be aimed at the larger caps and was not dumping the smaller followed companies. DELL dropped 3 points when they went off while INTC, MSFT etc were all being hit. The smaller caps like MUEI just sat idle while some even climbed during the same time frame. I didn't have time to dig deep into it but that was what I noticed on a quick glance.

PS - When my computer went down, I lost all my bookmarks. I can't seem to find the site where I pulled raw index data to rebuild my charts. I know there was a site that had index historical data going back years. I tried tradepbs.com but it will only pull individual stocks not indexes. Do you know where I could find this?