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

To: Sonki who wrote (14586)	8/14/1998 3:16:00 AM
From: Lee Lichterman III	Read Replies (2) \| Respond to of 42787

DELL should tell tomorrow. It is wedged in between the down trendline and the up channel support line. One of them has to give and I can't see it tanking this close to earnings. I know the market looks awful right now but when I updated my charts tonight on the individual stocks, I was amazed by all the set ups. I have never seen so many upward bias wedges formed !!! I have moving average buy signals on some and many are so darn close 1/4 up would trigger them. I have a feeling next week is going to be big. Either we are going to rally like Jerry Favors has been waiting for or we are going to blow apart and rip all the old support lines to shreds. I don't see the downside despite the transportation indexes, New high/Lows etc. I am starting to think this wave is over and we are up for the short term now. Actually MU is a good trading stock for me, it charts nice and gives in to most of my indicators. To each his own I guess. Good Luck tomorrow. It will be my last trading day since I have to go back to work Monday. Only 1432 days till I can do this full time. <gg>