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


To: The Perfect Hedge who wrote (2029)3/26/1998 11:22:00 AM
From: Ms. X  Respond to of 34813
 
Beebs, I would be stopping up your position so it doesn't fall away from you. Move to 34 would be bad. You have resistance at 40 and I could make a case for initiating puts at the 40 level.
Stop up your calls especially the Aprils. Good news would be if the stock can break to 42 but I would still be following it with stops.
Sector is OK at 56%.
Daily momentum just went positive so hopefully this gives you some go-go juice to the upside. Again, follow with stops. Protect your investment.

Take care,

Jan