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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 (18839)1/14/1999 3:44:00 AM
From: Lee Lichterman III  Read Replies (1) | Respond to of 42787
 
EMC is simply amazing!!! UNfortunatelly I was on the flightline this morning so I missed the dip on it. There was no way I was going to put in a market limit order before going to work today although I would have done well. Woulda shoulda coulda .... If it had gone the other way, I would be writing about how I should have known better <g>

I like a few of these but my indicator is saying to sit it out a while longer. GTW was threatening to pop up but it looked tired and weak today. On the other hand, I was going to grab my first third of MU puts between 72 and 75 but it looked so strong that I am afraid I may still be too early.

Electric, your the DELL guru, help!!! DELL seems like a no brainer and is holding up well but every technical indicator I run on it gives a sell signal. MY gut versus the technicals. Seems that with earnings next month it should rally sometime since it hasn't done much since the last report compared to IBM, CPQ etc. I also have support around 75 on it so the downside seems limited compared to the upside of around 90. Maybe the bad AAPL (pardon the pun) report will give a dip to buy over the next couple days. I would love to see a few more days of profit taking but as I type this the futures are back up again.

Confusing times right now. I am sure of one thing though. By the middle to end of February the direction will be downward. I think January could still stay flat to up though but my view is mixed and complicated. I tried to somewhat express it on the MDA thread though probably poorly.

Good Luck and congrats on your trades.

Lee