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


To: mph who wrote (5937)8/16/1998 9:42:00 PM
From: PuddleGlum  Read Replies (1) | Respond to of 34809
 
So now, back to p&f and a repeat of an earlier question:
With several of the disk drive makers and related companies (SEG, RDRT, WDC, QNTM, etc) giving buy signals, but with the market in such a sour mood, are these really buy signals, or are they shorting opportunities? Or should we ignore apparent shorting opportunities with the BP so low? Does our "defensive posture" mean we shouldn't take either long or short positions?

pg