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


To: Electric who wrote (14342)8/10/1998 3:05:00 PM
From: Chris  Respond to of 42787
 
good call buddy



To: Electric who wrote (14342)8/10/1998 3:06:00 PM
From: Lee Lichterman III  Read Replies (4) | Respond to of 42787
 
Don't do that !!! LOL My limit order hadn't gone through yet and I read your post and freaked. Just got confirmation, finally. OK, now it can drop. Just kidding, did you get rid of your calls yet?

The DELL chart still looks strong to me and it wouldn't surprise me if a buy program kicks off here any minute. Most of the day has been selling across the market although DELL seems to be immune so far. I put in my sell only because MUEI and CPQ were showing weakness and GTW was getting wound tight for a big move with no indication of direction. I don't want to get caught holding anything over night except maybe some puts.

Chris, do you normally track MU? Don't go to any extra trouble but it seemed like it was over bought but has held up well today so far. If it is one of your regulars that you track, I would be interested in any feedback. I was planning on getting some October 35 puts but was hoping for a spike back to 36 first so they would be cheap with more downside available. I see some weak support around 29 3/4 where I would cover.