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Strategies & Market Trends : Point and Figure Charting

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To: Paul V. who wrote (2162)4/2/1998 10:21:00 AM
From: Ms. X  Read Replies (2) of 34811
 
Hi Paul,
Yes, precious metals reversed back up on their chart and still look good. I've been holding ABX since January and have done well with it.

Semi's are still moving down in their sector but getting into a nice territory for a turnaround. I wouldn't be surprised to see some money managers rotating out of extended sectors into sectors in the oversold categories. Sector rotation, ya gotta love it.
Wait for the semi's to reverse up and then find the gems that have held up well during the sector decline. Check the FA and then buy 'em.

Take care,

Jan
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