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

To: Jorj X Mckie who wrote (635)	2/13/1998 1:29:00 AM
From: Ms. X	Read Replies (2) \| Respond to of 34811

Mr. Denver, Ohhhhh, I'm tired of your commercials. Sorry you are gone and all but give it a rest....(so to speak). Semiconductor sector has rallied brilliantly to the 62% level. History shows it to be as snug as a bug in the 70% area and staying there for some time. Momentum good for this sector too. Intel needed to pull back. Your entry at 83 was a good guess. My feeling is it will reverse up at 86 which I consider to be a good entry point as well. MU: Has a triple top resistance here at 38. Right at bearish resistance line. Vertical count gives it 52. MOT: Nice pullback so far but remember the RS is weak, sell signal and in O's. Decide risk level and don't let profits turn to loses with this one. AMAT: Nice pullback. Watch as RS is weak but it did create a new bullish support line. Move to 29 would break this support. Resistance at the 39/40 area. Hope that gives you a rocky mountain high Mr.Denver... Until we meet again, Jan