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


To: Ms. X who wrote (2127)4/1/1998 10:44:00 AM
From: David N. Jones  Read Replies (1) | Respond to of 34811
 
WOW!....have you been into the wizzard wine?
thanks
David : )



To: Ms. X who wrote (2127)4/5/1998 9:12:00 AM
From: Teddy  Read Replies (1) | Respond to of 34811
 
Jan, i'm just getting caught up on the last 90 post but i need to ask you about this:

David asked: ...NE has recently broken a double top, is in the Oil Service sector with RS a buy in a column of O's. Would you wait for a pull back to make an entry?

Jan replied: Yes, pullback to 28ish stop of 23.

Teddy's question: OK, if we add the last three days, would the answer be:

"Wow David, NE is getting ready to take off:
Broke double top 31ish and moved nicely into next resistance 33 /34. If it breaks 34 there's not much resistance until 38. Buy on a pullback to 31 or on a breakout above 34. And maybe a stop just above 28."

Is that kinda right, or am i not getting it at all?
Thanks.