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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (17973)	4/14/1999 7:37:00 PM
From: Von	Read Replies (1) of 34824

MsX, You are right, I was scared out of VERT yesterday. I was not afraid of the stock, just worried about profit taking. Bought one half my position back today. Will be watching for the other half tomorrow. As to the money moving to the small caps, from the large caps, I think the RUT is moving up, but part of it is being driven by small banking stocks, especially the ones announcing new internet services. OJ's large cap BMY broke a quad top yesterday, went down today along with the rest of the drug sector. Nothing changed in one day, and everyone has not quit taking their medicine since yesterday. Options and profit taking ruled the day and scared a lot of newby's out the front door making the situation seem even worse.....JMO Good trading to everyone.

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