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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (365)	2/4/1998 7:26:00 PM
From: Bull4Now	Read Replies (2) of 34811

Alrighty "J", I think these stocks are deserving of some intelligent T.A. They include: NT; Nortel - Serious competition for Cisco LU; Lucent - Also wik ORFR; Orbit Fr Inc. - Fiber Optic Test Equipment TSEMF; Tower Semiconductor Ltd - IC manufacturer (possibly hurting in Asia, though) YURI; Yuri Systems - I still like this ATM Access company. What about some of these following recent high flyers ? Are they due for a tumble ? I'm sure they're on a bullish trend, but come on... MSFT - Such a huge run-up. AOL - Ditto. Also, what about KRB (MBNA Corp.) ? I think they're doing a great job with their credit card business and their customer service is fantastic (multiple first hand experiences). What do you think about this excessive run-up in the market recently ? Especially, since several reputable analysts are predicting only a 10% return on the DJIA this year (Standard & Poors is one, even Montgomery Securities sees a low return). Is there any way to tell of a short-term pull-back in the market using the 100 year old P&F method ? Me.

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