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


To: Ms. X who wrote (546)2/10/1998 12:39:00 PM
From: lobster  Read Replies (1) | Respond to of 34811
 
Jan,

I hate to disagree with you, but I think buying INTC on the reversal up to 89 is early. You have resistance at 90. At the first buy signal(91), I would buy half and then get the rest on a pullback. Could you punt this one to one of your contacts at DWA? If I am wrong(which I probably am) could you explain why to buy on the reversal vs. the buy signal and/or pullback.

Thanks,

Learning Lobster