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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (1089)2/25/1998 3:51:00 PM
From: Judy  Read Replies (1) of 34816
 
Jan, I'm long on ADBE. Just as I took a position on HWP in no-man's land I did the same on ADBE. Technicals say a break below 38+ and it's a short, a break of 44ish on the upside it's a long. Risk/reward.

btw, Cramer was hilarious on CNBC earlier. He does not have much use for TA ... said that TA would have one short INTC when it broke below 72 and short DELL when it broke below 80.

SOX is beautiful today, the mo-mo AND value boys are having fun.
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