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

To: The Perfect Hedge who wrote (6285)	8/25/1998 8:03:00 AM
From: chartseer	Respond to of 34811

I have Jan 99s. At this time of year with Puts I favor going out at least thru Oct. With calls at least thru Feb for the Christmas rally factor. Up until April of this year the IBM chart and the HWP were the same chart. Also remember someone saying IBM cutting jobs and getting rid of divisions are a short term solution that could have negative results for them long term. Time will tell but you are aware that we could easily get whipsawed here. Good luck Chartseer