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To: The Perfect Hedge who wrote (9072)1/21/1998 8:32:00 PM
From: Ms. X  Read Replies (2) | Respond to of 95453
 
Glen, you're my buddy.
Let you in on a secret. I would make a horrible man...:-)
What I should have told Big Dog is that TA should always be married to fundamentels. I'll have to go back and tell him that. Fundamentals tell you WHAT stocks to buy, technicals tell you WHEN to buy them or sell them. One should never use one without the other.
Yes, today was just what I have been expecting. SLB with a double top buy signal and within 1/2 point of pushing past its next resistance and another double top. I mention SLB a lot because it is the big boy in the sector. I wouldn't be surprised to see some pullbacks at this point because things have been running up so fast. This would present a great buy in opportunity on stocks. I've read some comments suggesting now is time for puts. Not with the sector reversed up.
How are your stocks doing?
***OT*** Semi's have reversed up too. INTC looks good.