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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 (16093)9/30/1998 3:31:00 PM
From: jjs_ynot  Respond to of 42787
 
Brown & Co. is great for trades.



To: dennis michael patterson who wrote (16093)9/30/1998 4:30:00 PM
From: Judy  Read Replies (2) | Respond to of 42787
 
Dennis, why doesn't Favors just go short as SPY closed at its 200-day ema of 105 the other day? It's probabilistically in his favor that SPY would pullback from that level again. True long-term support for SPY is 900, ie SPX 9000. Please continue to post his views on this thread, thanks so much.

Do not think the market is oversold muchly, that is not to say the DOW would not bounce up 50 points or so. Nonetheless I don't expect individual stocks to bounce much ... DELL, PFE, INTC, ORCL, SLB are still at the top of their trading ranges, note they each represent a different sector.