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: bobster who wrote (1518)	3/7/1998 7:54:00 AM
From: Mr. BSL	Read Replies (2) \| Respond to of 34811

Bobster, I couldn't find AEOS, ANLY, ROMC etc in my Chartcraft Chartbook (it's over a year old, guess it's time for a new one). You might call Chartcraft at (914) 632-0422 and tell them you want their latest Point & Figure Chartbook. It's published monthly and costs about $40. It covers thousands of NYSE, ASE & NASDAQ stocks, ties the broad groups to the subgroups & gives you the subgroups for the NYSE and NASDAQ stocks. Since I don't subscribe to DWA or Scobey, I can't tell you what the charts look like. I use Ben's EZPnF software to update the charts of the 300 or so stocks that I follow. Keep the questions coming on subgroup Bull % status. I can help you out with that anytime. BTW did you see CPQ's announcement? Looks like the Computers -Mini/Micro subgroup may be in for a price war. Regards, Duke

To: bobster who wrote (1518)	3/7/1998 11:53:00 AM
From: wizzards wine	Read Replies (1) \| Respond to of 34811

Hi Bobster, Looked at the P&F for you and found following: AGE- All P&F signals are Positive. A stop loss of 35 would be a double bottom break. This one has 6 consecutive BUY signals, looks real nice on a pull back to 40-41ish. CGX- All P&F Positive. A stop loss of 48 breaks double bottoms. Breaking 56 would be a technical break out, I think. Wait for a pull back. FMY- RS sig is SELL, a stop loss of 32 would break double bottoms. A pull back to 39-41 would be nice. Nice chart> JMED- Momentum is Neg, 34 would break a double bottom for a stop loss point. Resistance at 40, tried to break twice and couldn't, nice to see it make 41 and then take on a pull back. RYL- RS sig is SELL and Momentum is Neg.Group is bear corrected +62. Broke double tops 2-9-98. Nice chart but would have to ask Jan about the sector risk. TR- RS is Sell, but the trend chart is very strong. Its been trading well about the trend line for some time. A stop loss of 58 would from a triple spread bottom, look for a pull back to the low 70's for maximum gains. Hope this helped Preston