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: Jerry Olson who wrote (1889)	3/19/1998 11:03:00 AM
From: Ms. X	Read Replies (1) \| Respond to of 34802

Hey Jer, KLIC (don't like it do ya? :-)) I give it an approximate count of 19. Not everything is stacked in your favor but the semi's may still have more to shed here. PFE. Yes,, I bought the leaps too. Great stock. Heard it should get approval as early as next week. CCL: Good stock and sector and RS. You may have played it early. I could make a case for a pull back to the 55 area. WFMI: Just broke a triple top but like CCL it is now extended. Can see a pull back to 62 or so. This wouldn't be a negative (for either stocks) just a breather. ICN: Same as CCL and WFMI, extended. Could see pullback to 40. RXSD: Nice chart. Resistance here at 38, 39 would be another double top buy signal (which would be a 4th on top of a triple top buy) Strong. Only in the medium trading band. Watch for the break to 39. Only thing is the sector is at 70% so keep an eye on it. Take care, Jan