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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 (16334)10/5/1998 12:59:00 AM
From: Electric  Read Replies (2) | Respond to of 42787
 
dennis,

I think LU is getting no love from the market. It is getting dumped as fast as it was getting purchased a few months ago. As long as the sentiment on the stock is negative, it will go further down now. Notice why some of the stocks we watch havent really corrected, ir: DELL, MSFT?

My plan is to observe stocks that I think will not meet earnings, or arent favored in the market. I tried this last fall and I was really good at it. It doesnt take alot to know which companies are going to do well and those that arent. And in these choppy times, if a company misses on a down day, it will go really down.

Futures are choppy, looks down 9-10 now, but it is still very very early.

I just got here, so I might have more comments since there are 30 posts since I left..

later..