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

To: Ms. X who wrote (4642)	7/11/1998 11:53:00 AM
From: Giordano Bruno	Read Replies (1) \| Respond to of 34811

Hi Jan, would you have an opinion on VECO? After announcing substantial negative surprises in February and again last week their stock trades higher after each warning.They mostly serve the disk drive community. Thank you, Jim

To: Ms. X who wrote (4642)	7/11/1998 11:59:00 AM
From: wizzards wine	Read Replies (2) \| Respond to of 34811

Morning Princess,,, Pouring over the Zack's data for our friend...very tiring, BUT I Think I MAY HAVE found something quite nice, even perhaps better than the first time through... It's very hard to be objective when backtesting without very strict and defined rules... Let me tally up the new numbers and I'll be back... If so P&F will be shine even BRIGHTER******* Later Preston

To: Ms. X who wrote (4642)	7/11/1998 12:50:00 PM
From: wizzards wine	Read Replies (2) \| Respond to of 34811

P&F RULLS!!!!!!!!!!!!!!!!!! YES>>>>>>>>>>>>> When we combine P&F + RS in X's the Zacks 1998 picks have returned 25.8% vs just following Zacks buy and sell rec's and getting only 14.2%!!!! RS made the differance!!! Sell or Buy RS no big deal, but O's and X's a great deal of differance, almost 100% more gain!!!! I'll look at 1997 later, got to rest!!! Later Preston

To: Ms. X who wrote (4642)	7/11/1998 5:48:00 PM
From: Judy	Read Replies (1) \| Respond to of 34811

Jan, the P&F chart of ASND is indeed interesting. It reflects events after the fact, how does one decide whether to buy after the first, second or third signal? I assume one buys on pullback after the signal is generated, with the second signal being the most reliable. Here's a peek at history and how it relates to the P&F chart. At the second buy point I said to Mikey that ASND looked like it was being accumulated based on the price-volume action. However we witnessed and/or participated in the ASND debacle last year when Mory lied to the Street about the revenue impact of known product problems (when ASND broke thru all supports and fainted to 25ish) so no one wanted to touch ASND again. But I could not ignore my read and made enquiries on SI to loyal ASND supporters, no reply. Prior to the third buy point I gritted my teeth and jumped on some trading shares, inspite of sleazy Mory. Traded it for the S&P 500 move, back in again for the sector move now. ASND should find a sweetspot in time with its ATM and VOIP products (which Tom Dietz says is vaporware) but it cannot go it alone.