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


To: Judy who wrote (16784)10/20/1998 1:31:00 PM
From: KM  Read Replies (1) | Respond to of 42787
 
Judy: You seen the trading action in Sun today? New 52 week high, can be bought on retrace, I would imagine.



To: Judy who wrote (16784)10/20/1998 2:30:00 PM
From: dennis michael patterson  Read Replies (1) | Respond to of 42787
 
I shorted the Dow DIAs at 8600 today. I am expecting a pullback, then I plan to re-enter MER and CCI. Dell is dead money. Hmmm.



To: Judy who wrote (16784)10/20/1998 4:50:00 PM
From: dennis michael patterson  Read Replies (1) | Respond to of 42787
 
Judy, does today qualify as a buying blowoff top? Big volume and the pullback= blowoff. Just want to get this right! Thanks. Covered my short for a nice profit. I hope it goes up again tomorrow!



To: Judy who wrote (16784)10/21/1998 1:48:00 AM
From: Chris  Read Replies (1) | Respond to of 42787
 
welp, we got our market reversal.. i guess im a couple days early on my prognosis.

let's see how far we pullback.

again, if you look at the intraday action today, the TRANS led the decline. around 11am (pcf time), TRANS began to reverse, while the DOW kept climbing.

notice TRANS closed down 17pts today.

===
Finally, remember my GET MOB resistance at 1088 (sp500). well, sp500
high was pretty close to it.