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Strategies & Market Trends : Point and Figure Charting

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To: wizzards wine who wrote (10004)	11/22/1998 12:56:00 AM
From: PuddleGlum	Read Replies (1) of 34811

Wizzie- Thanks to you and Dick for you comments on the internet stocks. The charts look good to me, and my other indicators confirm this. I'm still kinda skittish about them, even though I broke the ice recently with some NSCP (sold way too soon) and XCIT (nice trade). I'm still pretty high on biotech. My ICOS has been strong, and MLNM is close to RS reversing to X's. The semi equips are confusing, since the charts look strong, BTB has apparently bottomed, but the sector is at 70% and the earnings just ain't there yet. I am bearish on energy, but not quite so much as you. I think they'll be coming around in less than a year. pg

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