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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: sherry who wrote (20894)	6/7/1999 8:28:00 PM
From: Ms. X	Respond to of 34811

Hi Sherry, welcome abord! The bot, med and top is the trading band of the stock. At the bottom it is over sold and at the top it is over bought. The first set of stocks I listed were more fundamentally "sound" and I based that on Value Line. A true fundamentalist could look into it a little more but I find Value Line to do a good job. They are all rated 1 or 2. The stocks also had good pullbacks. The second set weren't as strong fundamentally but had good trading patterns. I think the internet sector will reverse up now at a very low level. A lot of the internet stocks created buy signals reversing the sell signals they had been on. Some will even flip their RS positive. I'll be looking for good entries into these stocks. I'll be doing more research tonight. I'm glad you are here :-) Did you get THE book? Jan I am

To: sherry who wrote (20894)	6/7/1999 8:28:00 PM
From: Ms. X	Read Replies (1) \| Respond to of 34811

Hi Sherry, welcome aboard! The bot, med and top is the trading band of the stock. At the bottom it is over sold and at the top it is over bought. The first set of stocks I listed were more fundamentally "sound" and I based that on Value Line. A true fundamentalist could look into it a little more but I find Value Line to do a good job. They are all rated 1 or 2. The stocks also had good pullbacks. The second set weren't as strong fundamentally but had good trading patterns. I think the internet sector will reverse up now at a very low level. A lot of the internet stocks created buy signals reversing the sell signals they had been on. Some will even flip their RS positive. I'll be looking for good entries into these stocks. I'll be doing more research tonight. I'm glad you are here :-) Did you get THE book? Jan I am