Point and Figure Charting Message Board

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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (2099)	3/31/1998 2:15:00 PM
From: Judy	of 34816

Jan, RMBS ... during earnings season there are numerous upgrades and downgrades that can stall the prevailing trend of a stock. But the effect is usually transitory without forthcoming fundamentals. Let's see if RMBS will manage to close above its 50-day ema. While it is prudent to wait for technical/fundamental clarity, I'll sometimes trade the momentum and sentiment. It never ceases to amaze me the way brokerage houses prop/propel a stock up at key junctures, and that they did with RMBS. As an example, note the announcements that came out to propel AMD thru its 200-day ema from below the other day. CSCO ... Oh, I'll flip a stock a couple of times while waiting for proper entry. CSCO is an old, old friend. Now while OJ's been fiddling around watching IMRS, you may want to watch for entry on SYNT.

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