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

To: Judy who wrote (2732)5/1/1998 5:42:00 PM
From: Ms. X  Read Replies (1) | Respond to of 34811
 
Hi Judy,
With the market risk so high, the sector in bull correction at 60% and WIND having a negative RS, I would want to see it develop some support if it fell to 27. I see support down to 31. Is the FA good?

I would like to short just about all the airlines but I've only done UAL and considering DAL.
Others shorted are WCLX, YHOO, AMZN.
MSFT just gave the first sell signal in an uptrend today (didn't check the prices today). 86 would be two double bottoms and I would hedge there.

How are you doing?

Jan I am



To: Judy who wrote (2732)5/1/1998 6:19:00 PM
From: carolyn walder  Read Replies (1) | Respond to of 34811
 
HI Judy - I would appreciate your thoughts on WIND, particularly if you see a potential boost from their developers conference (with Intel and MOT) in mid-May and earnings at end of month. I would bet if they have any good news that they would announce at their own conference...I understand that the H&Q session was standing room only and it lasted an hour- focus was on microsoft "threat". - May be the reason for support breaking at 35?...

Carolyn


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