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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 (18975)1/22/1999 8:24:00 AM
From: Lee Lichterman III  Read Replies (2) | Respond to of 42787
 
Now I am worried. I hate it when my stuff matches someone else's. Makes me suspicious I did something wrong <g>

Something I found amazing. The long term charts of AMZN and CMGI etc show they are not as overbought as everyone tends to think. I changed my settings on my software to show the dates back to 1982 and though they are a little high, it is not as bad as I expected. At least not on Semilog scale which is my normal charting parameter.

EDIT - Futures trying to come back. Hit a low of 28.5 now bidding 29.20. We'll see

Good Luck,

Lee



To: dennis michael patterson who wrote (18975)1/22/1999 8:20:00 PM
From: BILL G. WRIGHT  Read Replies (1) | Respond to of 42787
 
I agree with your cycles man, but I would put the short-term high at Feb. 19 since this will be options expiration week and generally, but not always, the market is up during options expiration week. Options expire Feb. 19.



To: dennis michael patterson who wrote (18975)1/22/1999 11:55:00 PM
From: Jan Robert Wolansky  Read Replies (3) | Respond to of 42787
 
Did you get GET yet? If so, take a look at SPX --will hit major MOB resistance on weekly chart at end of wave 5 at 1340-1360 on FEB 12. Daily chart shows completion of the much awaited wave 4 down; next week we can start the wave 5 up.

Jan