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


To: Ms. X who wrote (4017)6/23/1998 1:20:00 PM
From: Al Serrao  Read Replies (1) | Respond to of 34806
 
Hi Jan, where would the semi's have to move to before we get a bull alert? Hope you're doing well. Thanks.



To: Ms. X who wrote (4017)6/23/1998 6:06:00 PM
From: Bwe  Read Replies (1) | Respond to of 34806
 
Chartcraft Report....

-The Brazilian Fund was added to the Low Priced Portfolio. Selling at a 24% discount to NAV, down 50% from highs and had a Selling Climax last week.

-A turn in foreign markets is detected. Moved to 20% invested in Foreign Mutual Funds. Added Fidelity emerging Market Fund in their Switch Fund Portfolio.

-Big turnaround week for Buying and Selling Climaxes. Many more Selling Climaxes 87 (52 week high, finishes down for the week-accumulation) vs Buying Climaxes 16 (52 week low, finishes up for the week-distribution)

-Notable Buying Climaxes: Best Buy, Clear Channel, FPL, Niagra Mohawk, Pollo Tropical, Duke Power, Tracor

Notable Selling Climaxes: Diebold, Callaway Golf, Hitachi, Bombay, Lomak Pete, Newfield Explor., Swift Energy, Union Pacific Res (Oil Group SC's), Micron Tech., Electrorent, Read Rite, Employee Solutions, Adaptec, Reynolds Metals, Arnold Ind., Funco, Rouge Steel, Newmont Mining, Seattle Film, Telecom New Zealand, Thermedics, Nippon Tel.

Take care,
Bruce



To: Ms. X who wrote (4017)6/23/1998 8:53:00 PM
From: Margaret Mateer  Respond to of 34806
 
Jan,

I thought you and the rest of the gang might be interested in this "Market Gem":

Message 4982397.

Looks like the August 40 calls are affordable at @ 3 3/8 with a
horizontal count to 54 (?).

Does this make sense to you?

TIA mucho

Peggy




To: Ms. X who wrote (4017)6/23/1998 8:57:00 PM
From: Margaret Mateer  Respond to of 34806
 
Jan,

Silly me. I'm speaking of CMCSK. That looks like the gem.

Peggy



To: Ms. X who wrote (4017)6/23/1998 11:58:00 PM
From: R Stevens  Read Replies (2) | Respond to of 34806
 
Jan,
Thanks for posting the Lucent chart. I owe you a MaiTai if I ever make it to Bermuda, or SJ. I forgot how nice it is to make a purchase on the NYSE. Once you place your order, you are put in a first come first served fill line. Nice and orderly, no pushing or shoving, or MM's taking cuts.

;) RS

PS: I have to say it again, your post on Cisco a few weeks back was really a bingo, when you considered how Cisco might do well during the upturn since it was holding so well during the downturn. You have good taste in companies, good price appreciation without a lot of volatility.

Cisco Daily Bar Chart:
cbs.marketwatch.com

Lucent Daily Bar Chart:
cbs.marketwatch.com