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


To: bill jenkins who wrote (21080)5/13/1999 8:58:00 AM
From: dennis michael patterson  Respond to of 42787
 
bill, I've forgotten about SLB. I missed some nice shorts like CAT. Csco was wonderful. My Mom was thrilled-- she called to tell me not to sell it in her account-- sign of a top! :) anyway, did you check out those nutz charts on Vcall? When I trade the nutz, I like to compare Brogan with Zanger (http://www.chartpatterns.com) If they both make the same call, I feel much more confident. I do the same thing with Favors, Carpino and PEI. When they all line up, you can bet the farm. Anyway, I am betting that the intenets have bottomed and will now start up for the fifth and final wave. Now this time, I intend to buy puts at the top of the ranges. I am now long Amzn, Aol, Cmgi, Ntbk, Dell, and Emc (and SCH). By the way, when I was in Austin a few weeks ago, there was a lot of talk about how well Dell had done with its quarter. I would expect Dell to run to almost 50 because of what IBM abd Cisco have done. I base this on 2 things. First, Dell has been sending the message that things are good. Second, and much more importantly-- MO. Del is the last big one to report. All the Mo money will now go into it. Look for a top tomorrow or Monday with w slight pullback. Then a high around the 21st. That is the time to think about a pullback.



To: bill jenkins who wrote (21080)5/13/1999 1:55:00 PM
From: dennis michael patterson  Read Replies (1) | Respond to of 42787
 
SOLD Emc, Sch, Cmgi, Ntbk, and Amzn for decent profits. Call me skittish, but I think we'll get a wee pullback. I'm looking to make 5 points on the nutz, 3 or so on EMC, and I am probably finished with Sch, for now.