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


To: james ball who wrote (22119)7/1/1999 3:57:00 PM
From: Nanchate  Read Replies (1) | Respond to of 34811
 
I appreciate your explanation here on that one. With such volatility I had though it would have been conservative for me to draw the 3 boxes down, but as you said the higher run to continue the col would take away my need to change col and reverse to the downside. Thanks for the clarity.
Appreciated,
Nanchate



To: james ball who wrote (22119)7/2/1999 12:05:00 PM
From: Tulvio Durand  Read Replies (2) | Respond to of 34811
 
Jay, please add MAKR and JNPR to the DWA data base.

Maker Com., featured in today's IBD New America, makes reprogrammable chip sets incorporated in routers and switches made by Cisco, Lucent, Ascend, 3Com, et al, and is just now turning profitable. Projected revenue growth >200%. Up 7% today to 34. Competes with RFMD, et al -- and may additionally have to compete against Intel in future, if Intel decides to join in this lucrative market. Could be a 10-bagger, -- if Intel doesn't put it out of business first.

Darn, I could have used MAKR in contest, but was not allowed because not in DWA data base. I also tried using JNPR, maker of terabit routers that will give CSCO a run for its money; it too was rejected. JNPR is destined for the big time, -- a 10-bagger candidate for sure, -- if CSCO doesn't buy it out or run it out out of business.

Tulvio