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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 (16343)	10/4/1998 11:46:00 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 42787

Just took a look around at the picks I saw so far suggested. GPS has a weak RSI but the stochastic is near bottom already and it is testing a double bottom. Risky but if double bottom failed, could be tried. Risky with no target of when to cover. ALD has been steady for a long time, little movement and at only 34, not much room to move. Chrysler no good Dupont looks too stable and Dupont Photo mask is only 21 so not much downside that I see. CCR - maybe but it has a gap to fill up a couple points and indicators look like it could be strong. CTXS was one of my picks last week but it has already fallen and bounced well. Still might be played but the good move already happened. At 69+ with a safe cover target of 66 and a possible drop to 62. GE fell also already but during Friday's AM sell-off it fell 5 points before rebounding so it might fall again if the market pushes. UAL already is down 30% but CNN just had a news story about them that was bad, at 64 it could fall to 55 support but I would start watching around where it stabilized before around 60 Judy's pick XRX, I thought was too early last week but looks pretty good now. Stochastic peaked and turned down, RSI dropping with Money flow. Nice high price for good movement. At 84+ a target of at least 80. Will have to dig further but these are my first impressions. I am leaning toward XRX and UAL and OEX. Possibly IBM if a good entry could be found. I liked IBM allot better above 130 though. I will look around some more. Lee EDIT - I think Asia will hurt but only minor. Brazil and Europe are our keys to watch now. I just can't believe I held insurance puts every weekend except this one and watch, tomorrow will be black monday and I won't be able to get in <g>