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

To: $Mogul who wrote (2979)	7/31/2001 2:44:14 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 5893

Hi M... i'm expecting a short reaction off this 4/4 c-band hit today right on my number..i am more bullish than Chuckie C..<vbg>.. i think we have a minor reaction down for 10-20 points and then i am buying any pullback hard..many solid semis have broken long term trendlines on P&F...triple tops are usually tradable both ways... any move down will be short and shallow...so..play it just like it happens... btw...fwiw..channels and trendlines get broken all the time..so don;t sit there expecting it to reverse down just because it's at the top of that channel...tops get broken all the time setting up new "Channels"...<G>.