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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 (2024)	4/18/2001 2:55:02 PM
From: Jerry Olson	Respond to of 5893

CHARTS DO NOT LIE...ONLY THE WALL STREET WIZARDS DO.. I NOW CALL THEM THE "FALL STREET WIZARDS"...

To: Jerry Olson who wrote (2024)	4/18/2001 2:57:38 PM
From: Rich1	Read Replies (1) \| Respond to of 5893

This is at $71.... We all get the same info OJ... [NVDA] NVIDIA Corporation ($71.11): As choppy as it may appear at first glance, the trend chart for NVDA is decidedly bullish and continues to push high, although not always taking the shortest possible route to those higher marks. Still, if you can adapt to the volatility in this name, the trend and RS will keep you long. Traders may consider taking yesterday's higher bottom, and the potential for a bullish catapult pattern at 74, to orchestrate a tight trade with an initial hedge at 67. Those longer-term, and able to handle the volatility, may look to use a stop of 58, a violation of the trend line, as well as a double bottom on the two-point chart. The RS is positive versus both the market and the sector here, while the monthly momentum has just flipped positive. The bullish price objective is 91, so investors may consider building positions here, but we would ideally like a regression closer to the middle of the trading band before adding a full position. Trend Chart -- Nividia Corp. (NVDA) 75 ------------------------------------------------------------------------------ 74 73 X 72 X O X 71 X X X O X 70 ----------------------------------------------------X O X O --------X O X----- 69 X O X O X O X 68 X O X O X O 67 ----------------------------------------------------X O X O --------X -------- 66 X X O O X X 65 ------------------------------------------------X O X ----O X --X O X -------- 64 X O X 4 X O X O X 63 * X X O X O X O X O X 62 * X O X O X O O X O X 61 * X * X O X O X O X O X 60 ------* --------------------X O X * --------X O X O X --------O X O X -------- 59 * X O X O * X O X O X O X O Med 58 * X O X O * X O X O X O X 57 X * X O X O * X O O O X * 56 X O X * X O X O * X O X * 55 --------X O X O * ----------X O X O --------X ----------------O X * ---------- 54 X O X O X * X O X O X X O * 53 X O X O X O * X O X O X O X * 52 X O X O X O * X O X O X O X * 51 X X O X O X 2 * X O O X O X * 50 ----X O X O X O X O ------* X ----O ----X O X ----------* -------------------- 49 X O X O O X O X O X O X * 48 X O X O X O X X O X O X * 47 X O X O O X O X X O X X O X * 46 X O X O X O X O X O X O X O * 45 ----X O X --------O X O X O X ----O X O X ----* ------------------------------ 44 X X O X O O X O X O X O X * 43 X O X O O O X * 3 X O X * 42 X O X O X * O X O * 41 X O X O * O X * 40 X O X --------------------* ------O * ---------------------------------------- 39 X O X * 38 X O X 37 X O 36 X 35 X -