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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (3106)	5/21/1998 5:05:00 PM
From: Judy	Read Replies (4) of 34810

Hi Jan, This is the kind of market that cause stocks to fill downside gaps. PFE is filling the gap for the second/third time. Look for high-fliers with downside gaps, whose sector has reversed and/or the Street has issued caution on. DELL comes to mind, if you get my drift. On ASND, Dorsey would not be stopping up long calls. He suggested selling covered calls to shareholders as the stock was about to break out. Now if Mory prewarns in the next two weeks, Dorsey would be right . Otherwise, he would let the shares be called away? Haven't examined AOL closely, but Tom Dietz might be interested now.

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