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

To: Ms. X who wrote (3104)5/21/1998 4:41:00 PM
From: Judy  Read Replies (1) | Respond to of 34810
 
Jan,

The P&F get-together sounded great!

Please confirm whether the semi/semi equip sector has reversed down again. I am out of my trading shares of AMAT, and rather than going long again I will short AMAT puts. Sector is going nowhere fast.

And how about a P&F read for ASND? I recall Tom saying on CNBC to write June 35c on the stock before it broke out. What is the current P&F view? Personally I am looking for the networking/telecom sectors to hold the tech market together.



To: Ms. X who wrote (3104)5/22/1998 10:19:00 AM
From: papi riqui  Respond to of 34810
 
Jan,
Thanks, as usual, for your response and the encouraging words on the oil service sector (is it the sign of a bottom or a top when someone spins a 10% price drop into a good thing because it beats a 20% down market? <G>)

Actually, you just confirmed what I already suspected. Don't bother looking at GLM, etc., but if you have a chance, could you post the charts for VRC, FGII and MDCO.

PR


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