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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Long John who wrote (94725)4/26/2000 8:45:00 AM
From: Margaret Mateer  Read Replies (2) of 120523
 
point and figure charting update on jdsu - dwa made it the subject of their afternoon call - stock as we all know is in a "pronounced intermediate downtrend" with bullish support line at 75 and double top at 100 and double top buy signal coming at 105 - pnf measures supply and demand and at 105 demand will overwhelm supply. risk/reward favors a little patience here before initiating new positions.
Peggy
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