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


To: Jerry Olson who wrote (22631)7/23/1999 12:33:00 PM
From: Ms. X  Read Replies (1) | Respond to of 34811
 
Good Jerry, I'm glad. It's only the short terms that have reversed and so we don't assume the sky is falling but, we know things are starting to become stacked against us.

If the NYSE BP turns against us then we know the sky might be falling and purchasing a steel framed umbrella might be prudent.

Positions that are above the BSL, holding support, positive RS and strong fundamentals needn't be sold in a panic. Watch the stocks.

For trading Jer you may find some volatility that would work for you but be very careful. The pull may be to the downside.

Take care,

Janny.

Oh, point people to the post about the semi's. I think it is an important article for those that follow particular semi stocks and the SOX.