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


To: Stoctrash who wrote (8107)9/30/1998 11:35:00 PM
From: J.T.  Read Replies (1) | Respond to of 34808
 
FredE, And writing pleny of tickets and add-ons to boot, thank you very much... All those names are music to my ears. I still love trading the market though...JT



To: Stoctrash who wrote (8107)10/1/1998 12:29:00 AM
From: Ms. X  Read Replies (1) | Respond to of 34808
 
Some good pullbacks today.

Drug Sector.
LLY - Can buy at market with a stop of 72 (hedge point)
WLA - Can buy at market. Has a range between 60 and 80 currently.
AHP- Can buy at market. Stop would be a RS reversal (relative strength).
SGP-Can buy at market and on any pullbacks.
JNJ-Just broke a strong pattern. Can buy at market with a stop of 72
MRK-great pullback today. Resistance at 138. Can buy at market with a stop of 110.

Computer Sector.
CSCO - Excellent pullback today. Can buy at market
DELL-Just pulled back from a very bullish pattern. Can buy at market.
AAPL-Can buy at market. Trade stop of 30, long term stop of 24.
IBM-Can buy at market. Stop at 118.

Biotech Sector.
AMGN-Can buy at market
CNTO-Built a great base and broke a bullish chart pattern. Good pullback today. Can buy at market. Stop 31.
LTEK-building a base. Stop of 30 which would break near support.

Semiconductor Sector.
RMBS-reversed up today despite market weakness. Can buy at market. Trade stop 60, long term 52.
INTC-Can buy at market. Momentum just flipped positive. Close trade stop at 83, long term 76.