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


To: John Post who wrote (2288)4/9/1998 10:00:00 AM
From: Ms. X  Read Replies (2) | Respond to of 34811
 
Hi John,
I agree the Dow has some more to give back and CHV will probably pullback with it. When? No one knows for sure.
However, if you are buying year 2000, you have time and can buy more on pullbacks.
The stop on CHV would be 74, violation of the bullish support line.
My personal thoughts are, this is an early time to get into oil. Early can be good as we know. The stocks are doing better than they were in January but the price of oil is still being battered around a bit. Someday that will change. Having 2000's is a good bet as long as you can buy, hold and forget about it for a while.

Best of luck,

Jan I am