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


To: Ms. X who wrote (1980)3/25/1998 3:21:00 PM
From: Jerry Olson  Respond to of 34808
 
Yeah I'm looking to take a position in AMR, the June calls..

The BOD is scheduled for May 20th...but they may announce a stock split before that...hey the stocks at 140ish...3-1 would be terrific...



To: Ms. X who wrote (1980)3/25/1998 6:16:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 34808
 
Jan

the housing report was this morning

the market sold off this afternoon due to rumors:

George Soros buying Spx puts
Morgan Stanley talking about fed tightening next week

the market is jittery

rumors will move it

also there is the dollar/yen thing going on and some misc asian concerns and I didnt catch what they were from the CNBC report....



To: Ms. X who wrote (1980)3/25/1998 9:19:00 PM
From: Sam Quentin  Read Replies (1) | Respond to of 34808
 
Hi Jan,

Thanks for the explanation from this morning on the divergence of opinions in reading charts. Never expected a response (so quick much less) from Tom himself.

The "art" part is the hard part, but the knowldege of what's going on in the market place certainly helps.

Separately, awhile back I asked about your thoughts on STRX -- you said the chart looked great - great was pretty it mindly. It's certainly shooting up this week. ALA is doing good too even with a day like today.

Thanks again Jan.

Sam