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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (13061)1/25/1999 8:15:00 PM
From: Gwolf  Read Replies (2) of 34808
 
Jan, as a newbie to this thread I must not know the politically correct way to ask about a stock, so I'll try begging. Would you look at my post 12992 and see if what I said made any sense. After looking at SUNW it seemed like there was limited upside with the HP in place and that a break of 95 left the stock vulnerable to a good size decline, but no one responded so I must not have asked the question right. I realize this would be the first sell signal in this uptrend but with the NYSEBP weakening and so many charts breaking down don't you have to take the HP very seriously at this point? So upon my knee I ask you if what I said in my earlier post made any sense and if so where do you see the downside on SUNW.

Gwolf
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