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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (2041)	3/26/1998 3:36:00 PM
From: Judy	Read Replies (1) of 34812

Hi, Jan A few weeks ago we talked about HWP and ADBE and the P&F view. I took long positisions in no-man's land between their bear/bull channel, waiting for the blocks to join me. The blocks jumped on HWP earlier and jumped on ADBE today, so I've taken profits on both. More due to profit-taking rules than technical or fundamental reasons. How about a read of RMBS? This is a speculative investment, not a trade. btw, the internals of this market are strong and the market can stay in an overbought condition for quite a while.

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