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

To: Rich1 who wrote (24310)11/7/1999 3:13:00 PM
From: PuddleGlum  Respond to of 34822
 
Both VERT and OPTX are in long columns of X's, so it would be nice to catch them on pullbacks. Depending on how aggressive you feel you might take partial positions here, as in less than half of what you really want to have. You're playing the breakout in both cases. I like both issues, but I won't bite until a pullback. If I miss them, well there are other fish in the sea.

Keep in mind that I am inherently bullish, and it takes a really bad stock for me to dislike it.

pg



To: Rich1 who wrote (24310)11/7/1999 5:34:00 PM
From: Lost1  Read Replies (1) | Respond to of 34822
 
Rico#1, I've owned VERT on and off for a while. The PO is out of control @ 117. This baby is very temperamental..wild swings, etc.. Sometimes the spread can be > $1..crazy.

I'm long and sitting on a profit here. I've seen these profits disappear in the past in a flash. She'll more than likely pullback for you to get a better R/R. Your stop on this one is a true beating at this level...ouch


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