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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 (20477)4/16/1999 6:35:00 PM
From: Lee Lichterman III  Read Replies (1) | Respond to of 42787
 
As I said, iI have less money than you could imagine so I couldn't buy enough stock to make it worth while. Tried to get the calls for a bounce play but when support looked ready to break I bailed on the bounce to 111 for 9 1/2. Even at 108 they were selling for 9 so I am now looking at the 100s for 13. Still a lot of premium for this I guess due to earnings coming up. If I would have been home, I would have tried playing the bounce off the 105 area but I was working so missed it. I am more comfortable though if it will drop to the 97 area as I feel that support should hold. Not sure if I should risk it again but I figure 97 is the bottom unless the whole market gets nasty. I just got home and haven't looked at my charts yet but I think the market indexes didn't break anything significant from where I remember the lines.

Got to go to my second job,

Good Luck,

Lee