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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (2516)4/22/1998 10:12:00 PM
From: Jorj X Mckie  Read Replies (1) of 34822
 
Jan,
Hey, my Mom calls me that!

Got into some SLB Aug70calls today. SLB broke a triple top today and if it goes to 82, it will break another spread triple.

Also, bought BAY Sep20calls. P&F indicators are not strong, though they have good support at 22. My play is speculative, based on the need for some telecom players needing more strength in the data arena. Keep BAY in your peripheral vision for me. (there's a nice Jan).

(can you tell that I am procrastinating my drive to LA LA land?)
Tom
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