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


To: dennis michael patterson who wrote (15374)9/3/1998 1:21:00 AM
From: Electric  Respond to of 42787
 
dennis,

I agree with you on the market sentiment..

PE's are too high and earnings are likely to slow down, not decelerate but not increasing at levels in the past.

What do we do from here? That seems the prudent question. How can we as investors profit from this beautiful market?

The way we closed today seemed quite negative on the surface.

The futures are currently at -3 . That to me makes for an interesting day. I have been fussing around with this hypothesis, I doubt it floats but here it is. When the futures close higher and we move up during the PM, it seems to be anti-clamatic, the times we have done well are when the futures act rationally, even a little down.

I hope that Favors isnt wrong by a day again, I need tomorrow to be a good tech day and let me get positioned for Tuesday..

I was really hoping for 115 today, 120 tomorrow on DELL, looks like a long-shot..

later..