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Strategies & Market Trends : Point and Figure Charting

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To: The Perfect Hedge who wrote (637)2/13/1998 1:57:00 AM
From: Ms. X  Read Replies (2) of 34811
 
I think Intel leaps are good.
Your indicator to follow would be the sector. If Semi sector starts to slide you need to consider your position.
Kind of hard to see an immediate short term stop until it reverses back up from here. My guess is it will which would create a stop point of 82. Will confirm with you when that happens.

Remember to buy in the money options.

Good luck,

Jan
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