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Non-Tech : Dorsey Wright & Associates. Point and Figure -- Ignore unavailable to you. Want to Upgrade?


To: Ms. X who wrote (2685)12/9/1999 4:21:00 PM
From: Alan Smithee  Read Replies (2) | Respond to of 9427
 
SBAS

Jan, can you run a PO for me on this?

I always get confused when switching from .25 boxes to .5 boxes.

Thanx

CNRS - A keeper.



To: Ms. X who wrote (2685)12/9/1999 5:13:00 PM
From: Tammy DeRosier  Respond to of 9427
 
More on CSCO,

I just wanted to add to comment of CSCO that the base building action this stock went through in September and October provides a "spring board" so to speak for the stock. In the office we like to call them "big base breakouts" -- sounds like a country song doesn't it? Anyway, the idea is much like that of a gun or cannon -- the bigger the powder keg, the further the bullet is likely to travel. It is the same way in a stock -- the bigger the base, the further it is likely to travel. Therefore, we are always on the watch for these big bases. Some other stocks that recently broke out of big bases include INTU, PAYX (which is not too extended to buy here), and OMC. Sometimes they are not as symmetrical as CSCO but that's okay. One way to look for some of these ideas is in the Pattern Report under "Quadruple Tops and Quintuple Tops."