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


To: wizzards wine who wrote (3254)5/28/1998 3:51:00 PM
From: Teddy  Respond to of 34811
 
OK Preston, thanks for the quick reply.

I'm way bullish on the stock right now (new highs do that to me<G>)and think that (from an FA point of view) it should go much higher than yesterday's target of $62 in 12 months since they are focusing on the Life Sciences (high PE) things and selling off the Industrial Chemical (low PE) things.

But, since i have a nice gain in so short of a time, i wanted a P&F reading and sector (country) reading so i could protect my gain with a stop, just in case.

have a nice day,

Teddy



To: wizzards wine who wrote (3254)5/28/1998 5:21:00 PM
From: Bwe  Read Replies (1) | Respond to of 34811
 
Hey Wizzard, pass me some wine! Hope you're well and the market treated you nicely today.

Chartcraft stuff:

Added Cone Mills (NYSE: COE) to the Investor's Intelligence portfolio.......Current Advisory Sentiment: Bulls 44.8% Bears 27.6...drop in bullish sentiment but still too few bears....Notable stocks with buying climaxes (Stock makes new 52 week high but finishes down on the week. Signs of a top and distribution)...39 total..... CXP, TWX, WPI, SGP, ROH.....Notable stocks with selling climaxes (Stock makes new 52 week low but finishes up on the week. Signs of bottoms and accumulation.)...16 total....MO, RJR, ADPT, AMP, LTR (3 tobacco stocks, hints of a bottom)

Be well,
Bruce