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


To: Jorj X Mckie who wrote (210)1/30/1998 12:10:00 AM
From: Ms. X  Respond to of 34811
 
I know, money in pocket burning a hole.
Well, never ask a woman what to buy, but since you did.
I'd look in the computer sector. It hasn't reversed up yet but getting close. Dell just had its RS flip to positive but would definatly have to wait for some pullback on that baby.
MOT is looking better, good sector too. Wait for a pullback because the RS is negative and on a sell signal. Let this one come to you, no chasing.
QCOM is definatly a bottom fish.
The other sector that is below 30% is Steel and Iron. But I haven't looked at stocks there yet.
Stocks to consider. Look at:
LEVL (through bearish just reversed to positive RS. Needs pullback)
DIIG (Needs pullback but RS just turned positive)
Dell (Same as DIIG)
AAPL (I know, BUT, it did break through the bearish resistance line. Would wait for the sector to turn though)

Have fun and no, don't think Cisco will retrace before earnings. Nothing significant anyways.

Jan