Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Satyr who wrote (346)	2/4/1998 3:20:00 PM
From: Ms. X	Respond to of 34816

Satyr, Thanks for the input. Actually, the market isn't overbought. The sectors are in much better position than they were when the market was last at this level. This carries much lower risk than previous. Indicators are reversing up and sectors that were oversold are now gaining strength. I agree you have to be prudent but there are a lot of opportunities out there. Buy in the low sectors. IBM happens to be in one of those. I'm waiting on buy signals before initiating IBM. As I had mentioned previously. Thanks for your input. Any FA stuff? Jan