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


To: Chris who wrote (19357)2/8/1999 9:58:00 PM
From: Lee Lichterman III  Read Replies (2) | Respond to of 42787
 
I just don't see much to hold this market up in between earnings season. I think once DELL reports, it is over for the NAZ. I have my targets set and am just waiting to pull the trigger. Analyst upgrades were too plentiful and for all the wrong reasons. I think they are trying to hold this puppy up long enough to get out from under the weight. If the generals finally break, this could get short term ugly although I am not looking for a BK yet. I saw some more important supports broken today. They just don't make support lines like they used too <ggg>

Lee



To: Chris who wrote (19357)2/8/1999 10:24:00 PM
From: Sonki  Read Replies (1) | Respond to of 42787
 
Last week i expected that Naz would correct down to 2200 and that would satisfy
50 ema + it would be approx 15% correction. Friday we made a low of
2350 which exactly touched the bottom of your trendline. Today we made a low o
f 2358 and what is the signficant of 2300 (green line) ?

do you think we have the lows? or do u think we goto 2200? and if we goto 2300
does that mean you start a new set of trend?

btw: i sent a email to your friend.

~



To: Chris who wrote (19357)2/8/1999 11:39:00 PM
From: Jack T. Pearson  Read Replies (1) | Respond to of 42787
 
MSFT, DELL and INTC made most of their gains in the first 15 minutes and fought back from drops later in the morning. Volume was not impressive compared to the day before. Although they went up, volume was not supportive. I suspect things will be a little shakey or worse tomorrow. Not much different from the past week: gains that can't be sustained.