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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 (19365)	2/9/1999 12:28:00 AM
From: Lee Lichterman III	Respond to of 42787

It looks like it is nearing the bottom but it hasn't put in the little hook yet giving the hint of the turn back up. I also don't know what settings they are using there. My stochastics are as follows, my fast 12 day is reading 50, my slow 34/89 is reading 85 and my L3X is reading 40 with all still falling. My MACD is still in a downtrend also. I did like the way it popped back up today but it wasn't on much breadth. Don't get me wrong, I am fully expecting a bounce at either the end of this week or the beginning of next week. I will see how that move looks but I suspect I will be going short during some part of the move up. To the poster that said Semi's were good. I saw where someone addressed semi equips. I am not as bearish on the equips as thetrue semis themselves. I do believe that there will be a lot of business to the equips as MU tries to upgrade their aquisitions and ramp up RDRAM. That is also why I am bearish on the true semi's. They aren't going to make much but they will have to spend the little bit they do get to ramp up for the next generation chips. Lee