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


To: Lee Lichterman III who wrote (15692)9/20/1998 4:51:00 PM
From: Electric  Read Replies (2) | Respond to of 42787
 
Lee,

DELL acts in funny ways, it did run to 98, I got in about there, then it went to the high 80's, then flew to 115...

Tell me a bit more about KEA, I have never followed the stock, but have seen you mention it in previous posts.

As for the market, I think there is underlying repair being done to foreign markets. I think the worst for Japan and others might be gone. I also think that if there is anymore pressure downwards, that the FED will act and eliminate the downside.

I think that MU is a good trading vehicle from the low to mid 30's to the low to mid 20's. It is susceptible to the pen of Krulack and other semis, like TXN. I have had calls on it in the past and it seems that 35 is a strong ceiling for the stock. Might dip into some 27 1/2 puts if it moves too much higher.

There is way too much power behind DELL to get in the area of low 40's, I am not jumping on this time, if it moves to the low 50's I will wait. Earnings will be great for the stock and it can move 20 points easily..

Gotta spend some time with the wife before I take off.. Being my B-Day and all..

later..



To: Lee Lichterman III who wrote (15692)9/20/1998 9:58:00 PM
From: dennis michael patterson  Read Replies (1) | Respond to of 42787
 
Have you and Electric ever looked at EMC? Strong stock, that is. Good to buy on bad days.