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


To: Electric who wrote (15707)9/21/1998 7:33:00 AM
From: dennis michael patterson  Read Replies (1) | Respond to of 42787
 
Electric, what do you think about buying Dell this morning? It may well be a good play. But Japan scares me! New low, etc. But it ALWAYS looks bleak and then, the next day, we are up! And what about YHOO and AOL?? Also strong and volatile.



To: Electric who wrote (15707)9/22/1998 10:28:00 AM
From: Chris  Read Replies (1) | Respond to of 42787
 
time to buy imo.. i was calling for a retest down to 7500-7600. and we almost got it yesterday.

we are forming a wedge formation right now (or is it a triangle?)

i have positions in GE and WMT and BUD

looking at DELL, MSFT, CSCO.

do not buy LU. no banking stocks either.
================

again, follow with exit plan if we break below 7500.
i do think we will. elliot wave says we are on a wave 4 UP move, with a WAVE 5 down coming down in a few weeks.

in other words, this buy signal is VERY shortterm.

===

Electric, good news.. i will post later.