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Strategies & Market Trends : Point and Figure Charting

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To: Jorj X Mckie who wrote (20261)5/23/1999 8:56:00 PM
From: Jerry Olson  Read Replies (1) of 34811
 
Hey high guy...hope your well....

no i'm going to do this after the split and hopefully let it run up till i feel it's time...i see the charts in several nets..they look fine...CMGI hit the perfect retrace number...market willing it should rock into the split...but the nets have lost their luster, and their power for now...

it's the market that is slowing here..with 2 of our indicators reversing down, and maybe some slowing signs for the OPTI & NYSE we could pullback some toward 10,250ish or so.....

i'm very interested in reaping some of those overblown option prices I"VE been paying to play the nets, and letting others "PAY ME NOW", for a change...seems like a good time to cool it....take in nice cash, and relax...

TOM i'm not gonna guess where we are going...but the signs are there...just like they were there on the way up to 11K...not saying we couldn't rock higher...i'm still long as you know...only have much less options and a lot more shares...

OOOOOOOOOOOOOO---the Juiceman....
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