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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 (15629)	9/17/1998 12:11:00 PM
From: Magnatizer	Respond to of 42787

dennis I would recommend golfing daily til the market gets into 3rd quarter earnings and then pay attention to the results. If mostly negative then the market internals have been telling us something for quite a while. If positive then its rally time. I feel a bunch of the tax loss selling has taken place already and, besides, how much tax loss selling is going to take place this year. If most are flat to negative for the year then tax loss selling is not going to matter. I think many will hold loosers til next year to dump. Besides, golf every day til 3rd quarter earnings season will do wonders for your game. It appears the only plays right now are channels. buy at the bottom and sell at the top and hope your company does not preannouce bad earnings after the bottom has been reached. Unless, of course, you are still short it. A couple holding up well today with good charts: RFMD, IM ht david