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

To: Jorj X Mckie who wrote (318)	2/4/1998 12:11:00 PM
From: Ms. X	Read Replies (2) \| Respond to of 34824

CPQ breaks a two double tops today. This is what I needed to see. I think I'm going to entertain the idea of some calls. What do you think? Jan

To: Jorj X Mckie who wrote (318)	2/9/1998 1:26:00 PM
From: Judy	Read Replies (2) \| Respond to of 34824

Hi, Tom Just got back into town last night and have not looked at the price volume action of stocks yet, but clearly AOL is not running out of steam. Depending on earnings AOL could be nearing a blowoff, but my sense is that the fundies are not ready to unload yet. A month or so ago I closed my AOL short for taco money and posted that the trend had turned up. Until AOL sells off on heavy volume when the market sells off and until AOL responds to negative news in a negative manner instead of cosmetic flux and until AOL violates its bullchannel, the positive trend is intact. AOL may be a technical short for a scalp on profit-taking ... but be nimble because the dominant trend is up. Now let's see what AMAT does. SFAM prewarned on earnings and possible slowdown due to Asian crisis in future quarters, market reaction is muted thus far ... market is a efficient pricing engine.