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

To: Daveyk who wrote (7037)	3/31/2000 12:12:00 AM
From: PuddleGlum	Respond to of 9427

I think it takes insight to go with the biotechs here. PEB looks rotten on the 1-box but it's on a buy signal and just above the BSL on the 3-box. I still have enough biotech to make me happy when the sector starts rising, but I'm not buying any outright at this time. Just exercising employee stock options in CRA so that I can minimize that AMT hit. Isn't it rotten that one can exercise stock options and hold onto the shares and still get taxed on the exercise? WFT looks sweet, QCOM is still singing that siren song to me in spite of the double bottom break today, MSFT is quite a tasty morsel at 102-104, and UBB is set up for a bullish catapult (Kahlua called it out a couple days ago!). ORCL could be looking very sick if it prints 75. Meanwhile, I got stopped out of several of my small caps today, and then sold a couple others just in case Thursday isn't the bottom. Now that I've examined some charts, I think that it was the bottom and things will get better from here. pg

To: Daveyk who wrote (7037)	3/31/2000 6:28:00 AM
From: Dave Shares	Read Replies (1) \| Respond to of 9427

Hi Dave, RE: "That was my plan going into the trade so maybe I should follow the plan" Dave, I make a lot of trading mistakes. For the most part, my money management has improved so damage is not bad and I am more inclined to miss opportunities. My mistakes have two common themes: 1) Trading without a plan 2) Not following my plan If you have thought out your plan for trading CEGE, I strongly suggest you follow it. The worst that can happen from following your plan is a minor loss, and think about what the worst thing that can happen from NOT following your plan ? p.s. someone decided to offer CEGE after hours at 19, so I bought some myself (after hours trades do not reflect on the DWA charts, so the BSL is intact). I'll stop the trade at my buy point, because I don't see any other support nearby. Also, while I'm cautious about the market, yesterday looked like a good opportunity to buy EGRP and NITE on pullbacks, which I also did. Best wishes always, David