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


To: Bwe who wrote (8034)9/29/1998 1:42:00 PM
From: Judy  Respond to of 34810
 
Good morning, Bruce

NT halted, prewarns, and tanks. LU drops from 79+ to 74+ in 1/2 hour in sympathy, so does the rest of the sector ... QCOM was holding last I checked. These are the qualitative signs that adds the third dimension to any technical chart.



To: Bwe who wrote (8034)10/1/1998 1:01:00 PM
From: Judy  Read Replies (4) | Respond to of 34810
 
Good morning, Bruce

I believe EMC made a lower low than the previous low this morning and momentum has turned negative. From an investment perspective I would have hedged on retraceup as posted previously, given that my views are that the market still has not set a bottom. What is your current view on the stock?

It is one of the stocks on my list for a potential long trade as the market turns up again.