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Strategies & Market Trends : Point and Figure Charting

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To: Dave Shares who wrote (20143)5/19/1999 9:22:00 PM
From: Jorj X Mckie  Read Replies (3) of 34811
 
Dave,
If it was me I would enter here and now. Alternately you could wait for a pullback when it hits the spread quad at $64. I would not consider it a good thing if it pulled back below the BRL. Not a panic, just not ideal. SOX gave a great buy signal today that looks like the mo-mo could be happening soon.

Of course, I have been known to wild and crazy things that don't necessarily align to what a disciplined piffer would do.

Tom

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