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Strategies & Market Trends : Point and Figure Charting

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To: Bwe who wrote (7890)9/26/1998 11:06:00 AM
From: chartseer  Read Replies (2) of 34809
 
Even though I follow the De JAger index and the issues therein I am not too thrilled with the market at present. Even though the NYSEBP has reversed to Bull Alert i m another of those people who suffer from Octoberphobia. Actually fear Sept and OCT. CA does have a some what bullish chart. Usually prefer a chart that has moved through the BRL. I understand that the BRL is quite a ways up. CPWR is another of those stocks that just keep climbing higher. Since I dont already own it I just let it go for now. Dont like stocks that have already run up. I prefer charts more like CA except those that have moved side ways through the BRL and have a BSL started. Right now I am just sitting with calls in EDS and SSW from previous chart patterns and sort of insurance from when I sold the stock. Hated to sell SSW so protected sold out position with calls till past halloween. Sold SSW stock back in AUG. Like spread triple bottom in EDS so far hasn t worked out, but may get buy signal soon. Sort of chartseering.

Opinions expressed are mine and I could very well be wrong.

Chartseer

PS Bruce what is your read of MIFGY?
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