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


To: feewaybill who wrote (2861)5/8/1998 3:57:00 PM
From: Ms. X  Respond to of 34811
 
Hi Bruce,
With the market extended you want to look for strong stocks in lower sectors and Biomedics/Genetics certainly falls into this category.
Find stocks with solid RS and whose weekly if not monthly momentums are positive.
I would be weary of stocks with a weak RS and trading below the trend lines. OK to enter those kind of positions when the NYSEBP is in a better field position.

Jan I am