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Strategies & Market Trends : The Options Box

QQQ 621.26

-0.1%

Jan 16 4:00 PM EST

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To: Lee Lichterman III who wrote (228)	5/12/2000 9:05:00 AM
From: Atin	Read Replies (1) of 10876

What I'm seeing is base building and most of my charts are starting to show strength. I was looking thru my whole watchlist and almost everything is at a point where I would think about buying. But PnF charts tell me to wait for actual reversals, I'll get in late in the trend but it'll be more reliable. And this time I want to wait. What charts are you talking about? I looked at GLW and in Piffer land it is still in a downtrend which won't change until it breaks 190 to 192 and then resistance is at 200. Other technicals looks good though. The original point and figure thread is at: Subject 5671 which was the main P&F thread until DWA people started their own. I don't post on the DWA thread (they don't like QPnf mentioned there, or point and figure in intraday intervals) but they do have many very good PnF people there. -Atin

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