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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (3104)5/21/1998 4:41:00 PM
From: Judy  Read Replies (1) of 34810
 
Jan,

The P&F get-together sounded great!

Please confirm whether the semi/semi equip sector has reversed down again. I am out of my trading shares of AMAT, and rather than going long again I will short AMAT puts. Sector is going nowhere fast.

And how about a P&F read for ASND? I recall Tom saying on CNBC to write June 35c on the stock before it broke out. What is the current P&F view? Personally I am looking for the networking/telecom sectors to hold the tech market together.
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