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

To: epicure who wrote (16520)	10/9/1998 5:35:00 AM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 42787

I agree with you but we are the minority. I see a bounce coming here as I predicted at the beginning of the week on the TSO thread. I have been short up till yesterday when I took a small long nibble and was working today or I would have grabbed a few more. I feel that next week will be up going into expiration then the bear will return to finish what it started. I show most of the techs I follow oversold now, stochastichs near bottom so the rally for a few days is the more likely scenario. I am uncomfortable being against Don Sew but I don't know how his guitar string can still be stretched since the S&P, NASDAQ and RUT are all down substantially and the DOW is just even. IF anything, it should be stretched too far down IMO. I think we should get a sharp snap back up at least over the next couple of sessions. I hate to be long over the weekend though so unless there are some bargain basement prices tomorrow, I will probably do the rest of my entries on Monday. ( I have off for Columbus Day so I can actually pay attention tot he market for once <g>) Good Luck Lee