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


To: Paul V. who wrote (2162)4/2/1998 6:51:00 AM
From: the options strategist  Read Replies (1) | Respond to of 34811
 
Jan, I'm new to your thread and not familiar with P&F yet. Am calling today to see about signing up for one of your seminars. Thanks to Option Jerry for introducing me to your thread, site and the rightline split report.

Question, I have sept 95 pfe calls, where should I have a stop loss.

Thanks.

Jen



To: Paul V. who wrote (2162)4/2/1998 6:52:00 AM
From: the options strategist  Read Replies (1) | Respond to of 34811
 
Jan, forgot to say I got in pfe at 13 1/4.

Jen



To: Paul V. who wrote (2162)4/2/1998 10:21:00 AM
From: Ms. X  Read Replies (2) | Respond to of 34811
 
Hi Paul,
Yes, precious metals reversed back up on their chart and still look good. I've been holding ABX since January and have done well with it.

Semi's are still moving down in their sector but getting into a nice territory for a turnaround. I wouldn't be surprised to see some money managers rotating out of extended sectors into sectors in the oversold categories. Sector rotation, ya gotta love it.
Wait for the semi's to reverse up and then find the gems that have held up well during the sector decline. Check the FA and then buy 'em.

Take care,

Jan



To: Paul V. who wrote (2162)4/2/1998 10:25:00 AM
From: wizzards wine  Respond to of 34811
 
Hi Paul, I'd have to agree. In addition we have been doing some screening based on some information received from Jan, Tom and Lobster on a formula using Valueline timeliness ,PE and ESP growth.

Just reviewed the results and the only stocks in the final cut to be below the 50% point on the bell curve were AMAT and NVLS, however AMAT's RS is in a column of O's right now. NVLS looks nice on a pull back.

Later Preston