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Strategies & Market Trends : Point and Figure Charting

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To: mph who wrote (19851)5/12/1999 11:56:00 PM
From: James Strauss  Read Replies (1) of 34811
 
MSEL...

Mph:

MSEL is taking a normal breather after its recent run up... This is a position trade, not a daytrade... The big story here is the association with Compaq as one of only four distributors... This has got to impact the bottom line very positively... So, I buy the dips in anticipation of another major news event that will send MSEL soaring... The first two targets are 3 7/16, and then 5.00...

Jim
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