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


To: wizzards wine who wrote (6474)8/29/1998 1:54:00 AM
From: PuddleGlum  Respond to of 34811
 
My Stock Picks-

Preston-
It's not midnight yet on the Left Coast, so I think I'm still in time. Like Hardline, I'm still a p&f novice, so comments are also welcome on the following picks.

AHP- Gave a double top buy at 54. Several others in this sector are also on buy signals, so it's a good sector bet.

BUD- double top buy at 54. If the market tanks further you'll find a lot more people drinking beer because they can't afford all the other expensive activities that they used to spend their money on.

ABS- Gave a triple top buy at 54. In a (famous last words) relatively safe sector, so I'm hedging a bit here.

WIND- Gave a double top buy signal at 39 (thought I only looked for buy signals at $54, did you?). A move to 43 gives a spread double top buy.

CCU- Going short on this one, since it gave its third double bottom sell signal at $49 and I'm already long 4 stocks in a wicked market.

pg