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Strategies & Market Trends : Point and Figure Charting
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To: Jerry Olson who wrote (10410)11/28/1998 5:27:00 PM
From: Judy  Read Replies (3) of 34810
 
Sweets,

Let me be the voice of reason, as during the time when you chased the oil drillers. T'is near the tail end of this run for the internet sector, the momentum will be fast and die without warning. When all of SI gets hot about a sector, one knows that a top/bottom is near. As when a thread was established on shorting the financial and bank stocks just before the sector bottomed.

Spread triple top breaks are fine, but when not sustained by nontechnical factors ... you're being set up for a fall.
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