Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ms. X who wrote (3249)	5/28/1998 3:19:00 PM
From: Teddy	Read Replies (2) \| Respond to of 34822

Oh Jan, Most Princessly One, please please pretty please would you please P&F HOE (the ADR of Hoeschst, an unpronouncable word) for me. I bought it at $40 ( see Message 4374705 ) and it hit a new high today. Oh i'm so excited i could pee<g> BTW, do you or Tom have an general opinion of German ARDs? Thanks a whole bunch

To: Ms. X who wrote (3249)	5/28/1998 6:01:00 PM
From: wizzards wine	Read Replies (4) \| Respond to of 34822

Princess, Would you look at the chart of VTSS, I'm a little confused as Yahoo has the 52 week range at 15 ot 29 and Tom has it dropping from 48 to 24 yesterday for a total of 28 O's down. Thanks Preston

To: Ms. X who wrote (3249)	5/31/1998 10:45:00 AM
From: Bwe	Read Replies (2) \| Respond to of 34822

Hi Jan, Hope all is well. I've been a long time holder of Computer Associates (CA) and I thought I'd do a writeup for those interested: CA's p&f chart is at a critical juncture The stock is currently on both major and minor support and is on a triple bottom sell at $56. The downside price objective is $43 and counting (incomplete vertical count). If the stock breaks this price level, odds are a trip to $47 is in the cards. The stock has been locked in a trading range between $45-$60 since 9/97 and it looks like holders are headed toward the lower end of the range. Probably a good buy in the mid $40's but very risky buying right here. Supply is in control of the stock right now and a 3 box reversal (to $55 from here) would indicate demand is in charge and to expect higher prices. 10 week MA: $56.76 30 week MA: $56.88 CA's been a long time friend of my portfolio but I have a stop under the BSL at $50. I've been looking at CSCO and that one looks perilous too with it's high pole top pattern. Another stock that I'm looking at is TYC as it looks to be basing here and is a recent Zacks portfolio recommendation. With the market as weak as it is the stock will probably come to me. Chartcraft recently sold their Tyco Int'l position but their recent commentary on the stock is a s follows: "We recently exited this from our portfolios. We'll try to buy back at lower prices. They are taking over US Surgical" " Interesting story this TYC. Also, the recent "From the Analyst" piece from the DWA site highlights Bell South (BLS) which is in Bullish Shakeout Reversal and looks to be a good defensive play. Your comments, of course, would be greatly appreciated. Speak to you soon. Bruce