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

To: space cadet who wrote (16414)	10/6/1998 2:52:00 PM
From: Jay Lyons	Respond to of 42787

>>finding overpriced hiflyers is definitely getting kind of hard now.<< They're all around you...it's just that they're wearing their "value" disguises. Jay

To: space cadet who wrote (16414)	10/6/1998 3:00:00 PM
From: Judy	Respond to of 42787

Space Cadet, why argue with the market when it is in a clear distribution mode, too many people on the stock threads try to do so and catch the falling knife. A stock that moves with an 18-20 percent intraday spread where the down legs are on strong volume and the up legs are on weak volume says to me the big boys are dumping. 22 percent of EMCs revenues come from Latin America, and that cloud is being reflected in the price volume of the stock and the technicals since the market is forward looking. Trust the tape, it does not lie ... or wait to hear forward guidance in the earnings report which might be fine. But by the time one hears the fundamentals .. the equity is down 25-33 percent. Recall EMC was at 62 just a couple of weeks ago.