Point and Figure Charting Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Point and Figure Charting

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Paul V. who wrote (5217)	8/9/1998 7:37:00 PM
From: Dennis J.	Read Replies (2) of 34816

AMAT calls (see post 5218) Believe you were considering AMAT stock or calls. Hence my post 5218, where I suggested buying the Oct 27 1/2's near $5, on continuation of the double-top breakout at 33. I didn't hear that you bought, but hope you did. Just got back from a one-week vacation, and saw AMAT reached 37 3/8 last Friday. Thus, could have exited these calls at about 10, for about 100% in one week. Whether you did or didn't, it was a good example of trading a p&f DT, supported by some additional fundamental info. Here, the DT actually helped to time the buy. Good luck on future trades like this one. (I missed the buy on this one, what else do you like? I'll be happy to take a look at them.) Dennis

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next