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Strategies & Market Trends : Trade/Invest with Options Jerry a Point & Figure Chartist -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (1933)	4/11/2001 9:00:47 AM
From: Jerry Olson	Respond to of 5893

YESTERDAYS MORNING E-MAIL Subject: Feeling Frisky? Good Morning everyone... It looks like we are going to have slow holiday trading this week...I would suggest no trading during the doldrums...I'll be out during lunch all this week...I can see some of the volitility has waned too...But i am encouraged by some nicely developing charts for the long side...The Bio techs are looking the best here overall...I changed 2-3 stocks on the morning list... Earnings season kicks off with MOT after the close...JNPR this week...the 12th is the eco day what with Jobless claims and PPI coming out..Remember we have cycle lows Thurs or MOnday, no trading Good Friday... As i write this the futures are up nicely...10+ ES and 42+ NQ's...ok let's checkout the mornings watch list..There was very little change in any of the indexs i talked about on Monday..the SOX rallied nicely after looking very weak...we already know the numbers... HERE'S THE TOP TRADERS LIST FOR TODAY 1...IBM---AFTER THE NEGATIVE ARTICLE IN BARRONS, IBM HELD WELL YESTERDAY...WE NEED IT TO REVERSE UP ON THE CHART...I SAID ANY BREAK OF 102 WOULD BE EXPLOSIVE FOR ALL MARKETS...97 1/4 THE BUY TRIGGER IT HAS 100 AS HARD R(RESISTANCE)..AND 102 A BIG BREAKOUT NUMBER..94 3/4 THE SS(SHORT SALE) TRIGGER. 2...CHKP---POSITIVE BREAKOUT YESTERDAY AT 51...IF YOU REMEMBER IT BROKE DOWN THERE ON A TRIPLE BOTTOM BREAK...THAT WE ALL SHORTED SUCCESSFULLY...IT'S A BOTTOM FISH TYPE CHART THATS LOOKING BETTER...53 1/4 THE BUY TRIGGER WITH A RUN TO 59 THE UPSIDE TARGET..50 3/4 THE SS.. 3...VRTS---ADDED VRTS AND TOOK OUT CIEN FOR NOW...JUST MADE A DT(DOUBLE TOP) BUY SIGNAL YESTERDAY AT 48...MINOR R AT 49 & 51...49 1/2 THE BUY TRIGGER...47 THE SS.. 4...QCOM---FORMING A BULLISH TRIANGLE.... A LOT OF STOCKS HAVE THIS SAME CHART LOOK...IT'S BULLISH...WATCH FOR ANY BREAK IN THE CHINA NEWS THING..IT COULD REALLY POP ON THAT SETTLEMENT...46 1/2 THE BUY TRIGGER 49 WOULD BE A CONTINUATION BUY...44 THE SHORT SALE... 5...CMVT---REALLY NICE TRADER HERE...WHAT WITH SLOWING VOLITILITY THIS STOCK HAS SOME MOVES...54 1/4 THE PERFECT BUY TRIGGER...MINOR R AT 55/56, THEN? A LOT OF AIR OVERHEAD FOR A RALLY...51 1/2 THE SHORT... 6...NVDA---IT'S BEEN ONE HECK OF A SHORT AND LONG...HAS PULLED BACK OFF THAT FAILED TEST OF TOP LAST WEEK AT 65/66...60 3/4 THE BUY TRIGGER...58 1/4 THE SS.. 7...PDLI---IS BUILDING A SOLID SIDEWAYS BASE HERE...I ADDED THIS STOCK BECAUSE IT TRADES LIKE HGSI...43 1/4 THE BUY TRIGGER HEAVY R AT 46...47 WOULD BE A MAJOR BREAKOUT...41 IS THE SHORT SALE TRIGGER.. 8...BEAS---MASSIVE OPTIONS ARE BEING BOUGHT AND SOLD ON THIS 30 BUCK STOCK...THE CHART LOOKS VERY SOLID RIGHT HERE TOO...30 1/2 THE BUY TRIGGER 32 WOULD BE A CONFORMATION OF THAT TREND WITH R AT 36...27 3/4 THE SS... 9...SEBL---LOOKS READY FOR A POP HERE..BROKE A DOUBLE TOP YESTERDAY AT 30, WITH A NICE LOOKING BASE TOO...31 1/4 THE BUY TRIG...R AT 33...28 9/16THS THE SS.. 10---HGSI---IT'S TRYING TO CHANGE THE CHARTS DOWNWARD DIRECTION...DOING OK RIGHT HERE BASE BUILDING...46 1/2 THE BUY...44 1.4 THE SS..LOT'S OF RESISTANCE OVERHEAD ALL THE WAY UP TO 51ISH... THE BTK INDEX...SHAPING UP NICELY...490 IS THE BUY SIGNAL WITH HEAVY R AT THE DOWNTRENDLINE AT 520...BUT IT'S FORMED A BULLISH TRIANGLE AND SHOULD BREAKOUT... OK THIS AM WE HAVE A NEW ROOM AND PASSWORD....INSTEAD OF GOING TO BUSINESS AND FINANCE..GO TO "COMMERCE ROOMS" UNDER GROUPS...YOU'LL SEE 2 ROOMS THERE..FORGET THE ONE WITHOUT THE LOCK ON IT.... THE PASSWORD FOR TODAY IS netrader...the admin number is 2156....hope fully this will work...i was in both rooms, and i'm not sure yet???..MAKE SURE IF YOU USE THE ADMIN NUMBER..TO PUT MARKETEYE IN AS THE GROUP OWNER..NOT MY NAME.. see you in one of the rooms.. later jerry Jerry Olson Master Class Trader... buyitbuyitsellitsellit.com