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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (6045)8/19/1998 4:06:00 PM
From: Jorj X Mckie  Read Replies (1) of 34816
 
Hi Jan,
Just looking at your semis list.

Sold 1/2 my TXN call options this morning. Made enough to cover the remaining options if it goes south. It bumped its head up against the TT resistance and just didn't appear to have the strength to clear it.

Followed it by buying RMBS Sep70 puts based on the same reasoning (with of course, Judy's gentle guidance).

Didn't sell one damn share of CSCO:)

Apparently the WSJ had a comment on the front page saying something to the effect that gold would never be a good investment (pure hearsay since I don't get the WSJ). NEM certainly seems to be at the bottom of the swimming pool (long tail down). Could it be time for a turnaround??? I'm smelling a TDT in the air......

Any news on Florida???
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