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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 (16432)	10/6/1998 11:25:00 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 42787

I am starting to wonder if this one could be for real. Congress passed the IMF money tonight and now this Japan thing comes out. The bad news is Starr hinted he had allot more on Clinton that he was saving for later. I liked the one way markets better. Why can't we just go up for 6 months and then go down for 6 months. <g> In down market I am liking puts on PRXL, XRX and PVN so far. As to an up market, I am not sure yet. Allot of selling volume on my favorites so I am still fishing. Do you think DELL would bounce for a few point scalp? Lee

To: dennis michael patterson who wrote (16432)	10/7/1998 12:47:00 AM
From: Electric	Read Replies (3) \| Respond to of 42787

dennis, I say sell the news. We started today up 18 on the futures, and the best the dow could go up was less than 100. Traders will see this as an opp to get out. Until things are better, not just some bandaids, I cannot see a true rebound. And for Japan, what looks good today will be sour tomorrow, trust me. Futures up 15, but it doesnt matter really. Fear is here to stay for a while. What does Favors say? I am still holding on to my delicious positions, how about you? And I told you on LU and CSCO, until a stock hits zero there is always room to go down when the market is kicking your sector.. later.