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Strategies & Market Trends : Point and Figure Charting

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To: Judy who wrote (12310)1/6/1999 1:58:00 PM
From: Dennis J.  Read Replies (1) of 34808
 
Judy.

Sold my TER calls with the stock at 49 for 100% in 9 trading days. Decided to exit because there is too much news now, and those Dow Jones guys on CNBC. The tv equivalent of Tom Dorsey's famous magazine indicator. Anyway, the stock has seen nearly a 150% move since the Oct. lows. Printed another three boxes today above the DT at 45. Stock now above the AIQ upper band, and last time it did that, it settled back again to the 16-day esa.

Great combination: p&f, this thread, and good charting software. Thanks to all.

Dennis
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