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

To: Chris who wrote (14573)	8/13/1998 3:43:00 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 42787

NASDAQ double bottoming for the day, I think it needs to retest the 1785 area before moving on but it has been strong today. Concur on the SPOO. Probably get the retests of all indexes tomorrow then mini rally so the public doesn't panic over the weekend. FED added liquidity again last night so this strength is somewhat false. ML sold a bunch of CPQ calls too so that is either a good sign that they are bullish on the market or think we will stay sideways long enough for the premium to die before they have to get them back.