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Strategies & Market Trends : Point and Figure Charting

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To: Judy who wrote (8666)10/12/1998 2:58:00 PM
From: Jorj X Mckie  Read Replies (1) of 34811
 
Hi Judy,
Where do you see the market going short term (1 week)? Saw your post where you mention RA was s/t positive. Don Sew still seems to be negative.

Looking at the P&F chart for NAZ, I see some weak resistance 1560 (a previous reversal point up). I sold my small call option positions in INTC and ASND today and bought puts in XRX and LCOS. I saw resistance at $95 for XRX and some weak resistance at $30 for LCOS.

Tom
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