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


To: wlheatmoon who wrote (6408)2/22/2000 12:04:00 AM
From: PuddleGlum  Read Replies (2) | Respond to of 9427
 
Mike-
Re: PEB hold for the long term... Although it's my #3 holding in terms of actual shares held, it's #1 in terms of financial assets thanks to some employee stock options that I have. Any shares of PEB that I sell are for diversification, since my financial assets are 40% in biotech thanks to those options. But thanks for the advice, and the compliment to the company!.

The chart is OK, in my opinion, but not particularly strong. It needs to hold here, since there's a bottom to be broken about 6 points or so below where we're at. The stock has given a couple of sell signals lately, and it has several times closed near the low of the day (Heresy!, they cried on the p&f thread when he admitted to using conventional charting techniques in addition to p&f...)

pg