Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Madharry who wrote (22935)	8/9/1999 12:12:00 PM
From: Ms. X	Read Replies (3) \| Respond to of 34809

Sorry for the delay Armin, We will reenter the market for trades and aggressive positions once the short term indicators reverse back up. When the OPTI reverses back up we will be more confident and then really enter the market when they NYSE BP reverses back to X's. It is a progression of things. Also, we look at the sectors and if they reverse up from very low levels. That is how we decide what stocks to enter. You will see by lurking what process we go through. IDTC looks awful. Bounced off the bottom but with it RS in O's and below trend, I wouldn't touch it right now. ALSC looks better and being in the semi's has held up well. However, the RS is in O's. Chart is on a sell signal with support at 7. Would wait on this one too. Take care, Jan I am