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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 (20888)5/5/1999 11:04:00 PM
From: Michael Rich  Read Replies (2) | Respond to of 42787
 
Dennis,

A bit too early in the option cycle for rumors. Bernie Schaeffer,
does he still have a following?

AOL will be fine. Don't be too cute with it. Same for EMC.



To: dennis michael patterson who wrote (20888)5/6/1999 12:24:00 AM
From: Lee Lichterman III  Read Replies (1) | Respond to of 42787
 
>>, I just posted on the AOL thread a rumor published tonight by Bernie Schaeffer that Merrill will dowbgrade AOL. Yikes! <<

I hope not, I was going to PM you and tell you to look at my chart on it, the hammer bottom and rise back over my fork tine was telling me the drop was over and I was going to ask about moving in on it. I was working but the indexes bounced of my forks perfect. I could have used a little pocket change. <g>

If Carpino sees weakness for the rest of the weak, I wonder if we will just retest the bottom later. I have a few different indications saying we could get a short term bounce here. I am also getting indications though that a much worse sell off is coming in the next month or two. I am pricing long term puts now and hope to find some goodies soon. I am tempted to buy some short term calls thoughsince I think we could have a blow off top first.

EMC looks very, very sick. Still high volume on the drop and no bounce today what so ever. I should have sold all my kid's shares instead of half. Oh well, in a few years it will hopefully be just a blip on the chart.

Nice trade today, Sure I can't just give you my money to trade? <ggg>

Good Luck,

Lee