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

To: chartseer who wrote (6283)	8/24/1998 7:57:00 PM
From: wizzards wine	Read Replies (1) \| Respond to of 34811

Ha I agree that the DJIA is on a sell, and I for one think that it will go even lower...there's support at 8350 and then it's a long way down to 7750.... If it breaks down for the low of the day to 8250, that will give us a sell signal for the DJIA and then I'd be looking for IBM to perhaps follow... One of the things I've learned the hard way with P&F is that we let the trades and indicators come to us and we do not second guess them, or try to time them.... I do not always agree, but on the average P&F wins and I lose should I not follow... Just My Opinion Later Preston

To: chartseer who wrote (6283)	8/24/1998 8:40:00 PM
From: The Perfect Hedge	Read Replies (2) \| Respond to of 34811

Seer... I like IBM puts because at any time IBM investors could wake up to IBM's fundamentals that Mike Burke has outlined.I think 109 is doable...What month are your puts?I'm looking to re-enter in the Jan 130's.. B