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

To: Gersh Avery who wrote (17860)	11/18/1998 11:26:00 PM
From: dennis michael patterson	Read Replies (1) \| Respond to of 42787

Right. You are absolutely right. Liquidity is everything. I have done my part. I have only 200K left to put in. I am trying to decide which sector. I bought reional banks today and a ton in tech. Have you ever read Michael Gianturco's book "The Market that Beats the Market"? He says that tech goes up every year from 3pm the Monday before Thanksgiving until well into January. I'm there! And how about that CSCO!??

To: Gersh Avery who wrote (17860)	11/18/1998 11:30:00 PM
From: Lee Lichterman III	Respond to of 42787

Just be careful of betting on the chart signals too much. With the big boys unwinding positions due to expiration Friday, directions could change quickly. It could even reverse and stay that way once they are done. The last few months, they have been unwinding early so hopefully we will get a better read as the week finishes. Just my over cautious voice butting in again. I am 45% long myself but still plenty nervous. <g> I would be hedged but have been unable to find a good put play lately. While momentum is strong and charts look OK, most of the good news is out and now we go into the post earnings phase where we start looking for other news. Even if nothing big happens short term, then we go through the next pre announcement period. Is MU really going to say they are going to increase next quarters earnings enough to justify their bounce so far, or IBM or ........ Make a buck and duck still applies IMO but you just don't have to have as quick of reflexes as before. <g> Good Luck, Lee