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

To: Judy who wrote (7311)	9/15/1998 5:45:00 PM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 34810

Hi Judy, CIEN is definitely a TDT, but I am expecting a dcb on the long tail down. I'll sell the options on the dcb, but plan on holding the shares on the off chance that some unknown gorilla gobbles them up. But of course CIEN still showing signs of weakness, guess you have to throw the cat harder to get it to bounce... Actually in the last couple of weeks I have been very good about keeping the TDTs to a minimum. YHOO, AMZN and LCOS puts have given back some of the cash that I lost by buying puts when they were still in their firm uptrend. AMZN looks like it wants to make a trip to at least $65. If we have another big drop, I wouldn't be surprised to see LCOS at $15. Did you see this announcement? Cisco Systems announced its intent to acquire Clarity Wireless Corporation of Belmont, CA. Clarity is a leading provider of wireless communication technology for computer networking and Internet service markets. Tom