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Strategies & Market Trends : Point and Figure Charting

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To: The Phoenix who wrote (6353)	8/26/1998 6:17:00 PM
From: Jorj X Mckie	Read Replies (2) of 34811

Gary, I got out of 1/2 of my TXN position which covered any loss. So the answer is yes and no. Do you like FORE after the dropoff from the Berkeley news? They pulled down to the bullish support line but broke at least one support on the way down. I don't know anything about Berkeley so can't tell if there is any synergy. Getting a little leery of ASND, it broke out of its trading range to the downside. I think I might stop playing options and just get into the stock for the LU acquisition play. If it doesn't happen in October we could see some panicking. CIEN looks solid here. And I knew that you were going to do the "I told you so" bit and I feel lucky that Byron hasn't found it necessary to do so as well. Next time when we are at a ballgame together I am going to make sure that you are sitting in front of me when someone makes me laugh while drinking a beer. Tom

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