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Strategies & Market Trends : Point and Figure Charting

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To: Tigress who wrote (10583)	12/1/1998 2:03:00 AM
From: Ms. X	Read Replies (3) of 34817

Just a note folks. I had received pmessages last night from folks wondering what to do with current profits on the internet stocks and trade plays. Mostly my suggestions were of the following. Take profits off the table if up over 30% Stop up the positions and follow the stock if it continues to move or Use a three box reversal from the top of the run as the trade stop. Either of these methods would have protected healthy profits in today's decline of internet related issues. I hope my advice helped some. All that being said, can people see why we don't chase stocks and like to have close stops? ONSL ring a bell? Take care, Jan I am

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