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Strategies & Market Trends : Point and Figure Charting

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To: Bull4Now who wrote (12535)1/11/1999 2:18:00 AM
From: Jorj X Mckie  Read Replies (2) of 34811
 
B4N,
I agree on all points. And the respect is reciprocated.

XYLN has a bitch of a triple top to get over at $22. And FORE is looking pretty ugly with a negative relative strength and a DT at $20. And as you implied it is getting late at the bar and it's going to take a few beers to make them look cute. This doesn't mean that speculation can't drive them up a bit.

LU could use a campus ATM switch in their portfolio, so if you buy into the notion of LU, NT and CSCO matching product lines, then I would expect to see something happen here. FORE would be the frontrunner if LU was the suitor.
JXM
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