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

To: Jorj X Mckie who wrote (3721)	6/16/1998 4:41:00 PM
From: Judy	Read Replies (1) \| Respond to of 34811

Talking about fundamentals, potential events and market sentiment is very germane to any TA topic. It is the coupling of FA/TA/ and momentum and market sentiment that gives one the best edge for successful trading or investing. P&F provides a picture of demand and supply ... a sense of what may be driving the demand and supply lets one track with more assurance whether the position undertaken is on course. Now about COMS ... the P&F chart is ugly, so is the regular chart. Knowing that COMS is in play as a buyout candidate and the telecom sector is merging, it's not prudent to short the stock even if the charts say it is a screaming short (ok, ok, maybe Tom Dietz would!) COMS up today on twice the normal trading volume, is it accumulation or options arbitrage? Hmmm.