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Strategies & Market Trends : Point and Figure Charting

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To: Jerry Olson who wrote (16099)3/20/1999 3:24:00 PM
From: PuddleGlum  Read Replies (2) of 34816
 
OJ-
If you're looking for a good idea that might even move as fast as you like take a look at LLTC. RS BUY and in X's, on a pullback from a DTB, and slightly above its BSL. Sector is a question mark right now, but this is a good one to put away.

BTW, I still like my oils, they saved my tail the last couple of weeks. Unfortunately, I need to come up with a large lump of cash soon, so I have to liquidate most of my positions. My new positions would have done OK these past few weeks if not for Oracle. I'm bullish on banks, energy, and Asia. Take a look at the weekly bar (heaven forbid a bar chart on this thread!) charts going back 5 years for something like JAPNY, MBK, FUJIY or NTT or PKX or SHI. Suddenly it's a whole different ballgame from the daily charts. It forces me to look at the P&F charts a bit differently.

pg
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