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


To: James Strauss who wrote (8459)10/8/1998 10:46:00 AM
From: Jerry Olson  Read Replies (1) | Respond to of 34816
 
Actually Jim, i feel the boxmakers will announce great earnings for last Q and into XMAS...

could have a nice short term pop...IBM looks very strong..DELL-CPQ-INTC(already said they were doing good as did DELL)...

so i'm looking to trade the fade<g>...



To: James Strauss who wrote (8459)10/8/1998 12:02:00 PM
From: Ms. X  Read Replies (1) | Respond to of 34816
 
Speaking of Back the Truck Up Specials;

MSFT: Broke support at 92, next support at 82-85 which is the bottom of the trading band. Truck docking station at 82-85.

CSCO: Cracked the BSL but support at 40. Also at bottom of trading band. Truck docking station at RS reverse back to X's.

LU: Below trading band. Truck docking station at RS reverse back to X's.

Dell: Support to 47 but bottom of trading band at 39 and more support. Docking station at 39.

CPQ: RS still in X's but tenuous. Support at 24 and if it holds support there (also bottom of trading band) pull the truck in at that point.

AAPL: Can pile in partial loads here but start shoveling big time if it holds the BSL at 27.

WLA: Loading dock at 55.

SGP: Now's good, more at 83 (2:1 split)

JNJ: Now's good stop of 67 (giving it room)