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


To: Judy who wrote (4527)7/8/1998 6:39:00 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 34813
 
Judy, It does look like RMBS has a nice consolidation triangle. I didn't get in yet, but it looks like there is still some upside from here (as you suggested, of course). INTC bumped up against the BRL, breaking $80 would be good.

What other networkers are you looking at besides CSCO and LU?

CSCO reversed back to a column of Xs. Move to 95 would break a DT
LU Still moving up
ASND broke a double top today. Is it time for them to move?
NT In a column of Xs, but still hasn't recovered from BAY stuff.
NN still doesn't seem to be doing anything (no real surprise)
COMS seems stuck
CS Same

Even with my obvious bias, CSCO still seems to be the best networker to rest my weary money in. Even if ASND gets acquired.

In another thread you mentioned the connection between ALTR and networking suppliers. Do you think that TXN will get a similar boost since the voice/data convergence stuff is all using TI DSPs? (TXN's PnF chart ain't that purty at the moment).

TD



To: Judy who wrote (4527)7/8/1998 6:50:00 PM
From: Dennis J.  Read Replies (1) | Respond to of 34813
 
RMBS quantum move.

All right, you got my attention. Just how big is a quantum move, and how quickly might a quantum move happen. This may just be the stock all us p&fers are looking for.

Thanks,
Dennis