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

To: Lee Lichterman III who wrote (18016)	11/27/1998 7:27:00 AM
From: dennis michael patterson	Respond to of 42787

Lee, I may just keep Favors. People on the thread seem to read him, and he is worth something. So, maybe. He seems to think a corection phase is coming. But how deep will it be? He gives no clue. For today, I plan to hold my options through the weekend, as the decay will may them worth less. I want to get out of my Dell stock and go naked on the calls. I am just building up courage. MSFT continues up. I think this is one stock that will continue to go up smartly. I saw Roger McNamee yesterday and he said he is selling the internuts.

To: Lee Lichterman III who wrote (18016)	11/27/1998 8:15:00 AM
From: marc chatman	Respond to of 42787

Lee, re LU. I think it was Tuesday 5 minutes before the close, I saw three enormous blocks cross, sending the stock up about 2 1/2 (you can still see it on a 5 minute chart). I also noticed a very large volume on the Dec 90 calls. I expected some announcement and fireworks on Wednesday, but no real action. I won't trade this long because it's overpriced under any valuation model (at lest in my opinion). But the chart and the tape suggest it goes higher before it corrects.

To: Lee Lichterman III who wrote (18016)	11/27/1998 12:23:00 PM
From: Lee Lichterman III	Read Replies (3) \| Respond to of 42787

Unbelievable!!! It is one thing to come home from work and see this stuff but to watch it tick by tick is amazing. DELL and other old sweethearts dropping while EGGS, ONSL, BAMM anything to do with internet screams upward with volume to boot. This has to mean something but what? Also confusing is how stocks in comparible sectors diverging. Just the mention that I was interested in LU made it go down<g> while CSCO moved up. These two are usually attatched at the hip and CSCO's chart looked more bearish to me than LU. I luckily did not move on LU and am going to take a serious break from this mess. It seems the market is in some parallel universe where every thing is backwards. MSFT in trial, looking bleak for them and they move up. I am about to stop joking around and find the most miserable stock I can find on a FA basis and then go long. It should go up by millions of percentage points in this environment. I know this has to be a sign but darned if I know what. Could David Plonk be right in that this is the final gasp rally of the BIG E-wave count of the bull market going all the way back and we are about to witness a fall that will make '29 look like a small blip? Good Luck all, Lee