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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (1521)3/7/1998 12:10:00 PM
From: Jerry Olson  Read Replies (2) of 34811
 
Hi Janie

Great insightful Tune up post<g>...

Here are some upgrades on stocks i'm following, I would like your opinions....

KLIC---heading down to 20ish without a doubt...semi-equiper going bye-bye...

IMNX<g>...yeah a nice tip huh????Bull Alert Status its a BIO tech, if it hits and crosses 66 it's blue sky city...it was up 4pts on good volume....I own calls, in the moneys<g>...

CA--Moving up nicely, if we get past 52. it's going to 58ish for sure, notice the triangle forming...a bullish catapult???? I own in the money calls<g>..

ASMLF---Broke a double bottom on 3/5 "IF" the stock reverses down from here to make a triple bottom break, it could plummet to 72ish easy..i feel the stock is rolling over..I own puts...out of the money at the moment..

ICN---Drugs stock Bull Conf..54% looking to breakout here...

GDT--Looks to break a triple top, in the healthcare Bull conf, 46+ sector, could breakout to the blue yonder, great co....

BAB, rolled over from all time highs, sitting at 95ish RS a sell in a col. of O's, with Asia Exp. could get killed...84? anyone<g>..

Here's the play of the DAY!!!

AFL---hugh Asia exposure, Insurance sector Bear Correct at 72%, at a 52 week high, missed the number big last Q...revenues were down almost 6%...it's been downgraded by 2 brokerage co's...and it still WENT to the moon...IMO THIS IS A GREAT SHORT OR PUT PLAY FOR MAY/JUNE PUTS...

IWOULD APPRECIATE YOUR THOUGHTS ON ALL OF THESE PLEASE...

Thanks Jerry
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