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


To: Tommy Dorsey who wrote (23387)8/31/1999 11:30:00 PM
From: Paul V.  Read Replies (2) | Respond to of 34811
 
Tom, I liked your recommendations on C-NBC since I had purchased it on Wed. after it was in the process of breaking a double top at $66. However, you know what happen--it reversed down breaking $64 and as today is at $64.13.

I believe, as you, that LU and CSCO are both excellent stocks and are the way to play the bandwidth market rather than the internet stocks. I also had purchased CSCO and it also reversed down to $66 the price which I purchased it.

The good point which I have noticed is that both of the stocks for the past have been above the bull support line without breaking it. I doubt there are very many stocks which can have such a claim.

Any opinions?

Paul