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


To: Smooth Drive who wrote (25023)10/10/2000 1:51:03 PM
From: Bwe  Read Replies (2) | Respond to of 34822
 
Big E,
That's just what I needed to hear regarding PG. PG is the kind of stock that is working well in this current market environment. That BRRL is going to have to fall before I enter the stock.
I wish I was more of a shorter term trader in this environment, however, it's not really my nature and I don't really have the time to devote to getting in and out of stocks on a short term basis. I rotate out of weak RS and into strong RS stocks in my portfolio and look to hold for a long while. My problems arise when a stock goes RS (B-) while the BLSL is still in tact. Then it's on to fundamentals and intuition.
I'm watching CSCO very carefully as that stock is nearing RS Sells vs the Dow and S&P. It hasn't happened yet and I follow the axiom of "wait don't anticipate" espoused by Mike Burke. Any thoughts on CSCO?
As far as your Mariners are concerned, I hope Mr. Henderson doesn't do something to bring them down in a key spot. His lack of hustle cost the Mets quite a few times while he was on the team. Ex Met John Olerud is a terrific player and clutch as could be. Martinez is special. However, these series usually come down to which team has the better pitching and that's where I believe the Yankees have the M's beat.

Let's Go Mets!!!

Your pal,
Bruce