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


To: Ms. X who wrote (8089)9/30/1998 8:18:00 PM
From: John Post  Read Replies (1) | Respond to of 34810
 
Hi Jan, (or anyone else who cares to comment) -

I bought KEA a few days ago at 48 when it had a triple top buy - (thought I was smart). I bought more when it held so well yesterday and closed above 43 - (thought I was very smart). I got clobbered today...closed about 36 on big volume - (it sure smarts). Seems to have been more than just the market negativity. Company came out with a statement tonight that things are going great for KEA.

Is this one of them there shake-outs?
Please tell me its so...
I just can't find the nerve to buy any more - but if it is just a shake-out, maybe some on this thread can benefit...

Anything else I should have seen or should see in the chart?

Thanks Jan,
John