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


To: Ms. X who wrote (575)2/10/1998 6:01:00 PM
From: Judy  Read Replies (1) | Respond to of 34811
 
Hi, Jan

Agreed that HWP seems unable to make up its mind and is at crossroads. Rather a bit like LU was a week or two before earnings. While HWP will not report spectacular earnings like LU, it does have strategic value and many of the uncertainties have been priced into the stock. HWP seems more responsive to good news now while having a muted response to bad news, so I'm willing to assume the downside risk. Technically, it closed above it 20/50/200 emas today on significant volume. The computing sector reversing to the upside and liquidity looking for a home should help HWP break out. Let's see.

AOL is unreal. One sucky stock, as is the ISP. Oh, I saw AOL announced a 2-1 split on some SI thread.