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Strategies & Market Trends : Point and Figure Charting

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To: Bwe who wrote (9502)	11/11/1998 3:05:00 PM
From: Judy	Read Replies (1) of 34811

Bruce, speciality semis like altr and xlnx usually lead the way for the semis, mu is strong because INTC is financing it so that MU can go the course until sector rebounds. Focus on investing in AMAT, NVLS and KLAC before P&F gives all the right signals, I'm in already. Will post more about INTC this weekend. As for the oil drillers, I look for the price of oil to form a double bottom at $12-13 bbl, process will take a few months until the inventory supply is clear. The sector will in the meantime backfill and consolidate. When you get a chance, what is the Chartcraft view of the market for the mid-term? Take care.

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