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


To: Chris who wrote (4395)7/3/1998 10:51:00 PM
From: Smooth Drive  Read Replies (3) | Respond to of 34811
 
(OFF TOPIC - MANNERS)

There was recently a post directed to Tom Dorsey that I believe touched a raw nerve with him, and he responded accordingly. I'm going to make a few comments about that.

First, this incident reminded me of a story I've heard on more than one occasion about my Grandfather. He was the Mayor for many years in my small hometown as I was growing up with Leave It To Beaver. The story revolves around an incident at the local Rotary Club when our then Senator Henry (Scoop) Jackson was the honored guest. It seems that during the question and answer period, a fellow Rotarian asked a rather rude and attacking type question of the Senator. Before the Senator could answer my grandfather (a well know R) gently but firmly reminded the club (and I paraphrase) "that Senator Jackson is a very special guest at our club and that questions should be thoughtful and not personal or attacking. The Senator is here to share is vision of local, national and international affairs and not to defend his record or current agendas. After all, the Senator could have chosen not to visit us."

What's my point?

Tom is a P&F national treasure. I don't agree with everything he says but so what? When I see that Jay Ball has posted something on SI I get a rush. Damn he's SAYING IT HERE TO US! He shares his thoughts about national and international markets, investing for the future, asset allocation and on and on. Here's my P&F mentor who's on CNBC once a month and you can ask him questions!! Does it get better?

If we bust Tom's chops he's going to take a powder. After all, he could choose not to visit us. He's a very special guest at this thread and should be accorded that status. Got a bitch with DWA? Fine -- then call, or write or e-mail DWA. Got a different opinion than Tom? Then say so. He's a big boy and I'm sure he won't be offended by a different opinion. He may even respond. Please keep it courteous and respectful.

I suggest that we keep our questions to Tom in the Macro sense. Markets, timing, sectors, indicators, charts, patterns, etc., and refrain from the "What do you think of MSFT today" type questions. He's previously said he didn't want to do the individual issues stuff.

Take care,

Eric




To: Chris who wrote (4395)7/4/1998 12:17:00 PM
From: wizzards wine  Read Replies (1) | Respond to of 34811
 
Hi Chris, Jan is out for a few days so I took a look at DELL...

RS Buy on 3-10-92 and still in X's, very strong. Gave the last double top buy on 6-22 and is currently at 92.88

It would take a 90 even to generate a 91 for a sell signal and a 96 even for a new buy signal. Trend is positive and it's on a pull back so making for a good entry point.

The Computer Sector just reversed in to X's and gave a Bull Confirmed status at 38..

In addition Dell is one of the strongest powers in the PC arena..witth this and the sector just turning up, I'd say the risk to reward is fairly good. Remember though that we are still waiting for the BPNYSE to also reverse into X's, for our signal to bring out the offensive team so keep an eye on anything that you do.

Later and Great 4th
Preston




To: Chris who wrote (4395)7/5/1998 2:45:00 AM
From: R Stevens  Respond to of 34811
 
i think this week is crucial

RE: Dell, care to elaborate?

;)RS