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Strategies & Market Trends : Point and Figure Charting

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To: Riskmgmt who wrote (20795)	6/7/1999 6:53:00 PM
From: Logain Ablar	Read Replies (1) of 34811

Hi Ray: Yes. Still in WIND but I'm about to put the funds to use somewhere else. The P&F chart doesn't look to good <gg>. Fundamentaly The latest pricing news justs adds uncertainity and probably will adversly impact 2nd quarter. Also I2O won't be seen in a significant way until the 2nd half of next year (from an IBM comment). I equate I2O with 56k modem standard. Until the major groups agree on standard neither groups standard will do well. So even if WIND was to beneifit from either standard its in limbo for a while longer. I just finished chapter 8 in TD's book and I have to practice what I'm learning. I'm looking @ CYMI's chart as a target to roll my WIND position into. A triangle is forming and I'm going to anticipate it will breakout on the upside. Of course if I just bought and held my CTXS from 2+ years ago I'd be sitting pretty with 3 times the shares and triple the price. I'm learning slowly. Tim

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