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

To: wizzards wine who wrote (6471)	8/28/1998 7:51:00 PM
From: Dipsey	Respond to of 34811

My stock picks: 1. Short ABTE Able Telecom Holding Corp (closed 8/28 @ 6) Telephone: Bear Confirmed 24- R/S Sell in Col O's Pattern: Double Bottom On 7th. sell signal P/E 40 2. Short CCI Citicorp (closed 8/28 @ 117-1/8) Banks: Bear Confirmed 26- R/S Sell in Col O's Pattern: Double Bottom On 5th sell signal 3. Short CYCH Cybercash (closed 8/28 @ 8-1/2) Computers: Bear Confirmed 28- R/S Sell in Col O's Pattern: Double Bottom Earnings -2.20/share 4. Short JPM Morgan J.P. (closed 8/28 @ 97-3/4) Banks: Bear Confirmed 26- R/S Buy in Col O's Pattern: Double Bottom Reported $160MM direct exposure in Russia Unreported addn'l 'indirect' exposure Russia 5. Short MANU Manugistics (closed 8/28 @ 15-7/8) Software: Bear Confirmed R/S Sell in Col O's Pattern: Double Bottom On 2nd. sell signal Earnings -0.98/share Appreciate your allowing shorts for the contest, was going nuts trying to find something on the long side. Good exercise as I've never played on the short side of the market. Regards, dipsey

To: wizzards wine who wrote (6471)	8/28/1998 10:36:00 PM
From: Hardline	Read Replies (2) \| Respond to of 34811

My Stocks Picks: Will since I am a rookie, I am only going long and my logic and back-up may not be very good. I am very open to comments. It was not easy finding 5 stocks that I follow from a fundamental basis that look good. 1. Long MRK -Double Top -Rising bottom -Had a little pull back today. 2. Long EDS -Double Top -Rising Bottom (so far) -Had a little pull back this week 3. Long MSFT -Forming a triangle -Rising bottom (so far) ----I know this is only P&F but it should be noted that MSFT's market cap is larger than the total of 6 of the 9 largest market caps of Asian Countries. 4. Long TCLN -Rising bottom ----Once again I know is P&F only but they are real close to finding a cure for cancer. If they do have a cure for cancer, it does not matter what the world markets are doing. I believe their real pop will occur in November but I am hoping that the word will leak out in September. Check out today's press release and you will see what I mean. 5. Long Talk (can I do a limit order the next time it reverses if not see #5.1). -Double Top 5.1 Long TYC (I think this looks good but I would appreciate people's comments) -Double top buy signal and no sell signal yet. -Rising bottom ***If you do not like my 5 or 5.1 choices, I will stay in cash. Hardline