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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 (17262)	11/1/1998 1:20:00 PM
From: Lee Lichterman III	Read Replies (3) \| Respond to of 42787

Thanks for the Favors. Funny I take it he is saying maybe up then down till the 6th, then up again. My technicals are calling for up till the 6th then flat to down. I have resistance on the OEX around 546 with a top channel if the resistance is pierced of around 560 max within this week. His forecast screws up all my plans. <g> I really really want to short IBM but am going to only paper trade it since I was wrong before luckily also only on the watch list. The way my indicator and the chart is lining up on AMZN, it could be going for a double top soon if it runs to the old high which time wise would be perfect for when I see my sell indicator being triggered in a week or two. Someone on the BK thread was talking about On Balence Volume showing weakness on DELL and indicating a possible crash. I haven't had time to look for myself yet but I am seeing a possible H&S forming though you have to squint just right to see it so I will see how things pan out before worrying. Maker a buck then duck <g>. Still plan on being all cash by mid November, other than that, I am taking it one day at a time. Good Luck, Lee

To: dennis michael patterson who wrote (17262)	11/1/1998 1:38:00 PM
From: James Strauss	Read Replies (1) \| Respond to of 42787

A Picture Is Worth A Thousand Words... ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Here is a comparison chart between the Rydex Nova (Bullish Fund) and Rydex Ursa (Bearish Fund).... quicken.com. Notice that they are mirror images of each other... The Nova fund is rising while the Ursa fund is falling... This is a very bullish confirmation of the general market up trend... Jim