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Strategies & Market Trends : Point and Figure Charting

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To: Jerry Olson who wrote (16356)3/25/1999 10:13:00 PM
From: HoodBuilder  Read Replies (2) of 34809
 
*************Sort of O.T.******************************

P&F breakout and Bottom fish play!

OJ You da Man!

Those MSFT 200 Calls are looking better by the hour. I'll be back from FLA on Saturday night and ready to rock next week. I know you're focused on MSFT these days but if you want an interesting bottom fish play and a company with a real product that might be a 20 bagger you'll recall I told you about ABMD. P&F broke out today and a couple of decent trades crossed that caused the spike.

Don't bother looking for the SI thread there's nobody home except an article excerpt that explains the company and product. I bought this on Robert's recco about 2 weeks ago and it looks as if the smart money is trying to accumulate a position.

Nice sideways consolidation after a terrible downtrend and todays triple top break.

Sold my KLIC today for a small profit, Sold my AOL for a very nice profit, Sold my CMGI and looking for a DTB before re-entry and finally bought MSFT (2x4 huh?)

I feel much better about my SGP position after DW's write up tonight and I might even double down and add PFE tomorrow.

MU was ugly, I closed my MU calls yesterday for a 10% profit, Didn't like the block action going into the number....sell the news.

Talk to you soon
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