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


To: Al Serrao who wrote (8802)10/19/1998 11:55:00 AM
From: wizzards wine  Read Replies (1) | Respond to of 34811
 
Morning Al, As to which sectors look the best...that's a judgement call but Autos and Parts, Chemicals, and Forest Products have been beaten up and have some nice looking charts...CUM,KROG,IP,FJ, and then watch for the following on Pull Backs...CL, ERM, KO, DOW, PG, MMM, MOLX, UIS, XRX...

New Signals as of Fridays close,

DTB's 88
TTB's 10
DBS's 2
TTS's 0

Jan will be home in about 4 hours and is going to do a detailed update, and I will be screening later today to post this evening...

Hope these help...

Later

Preston



To: Al Serrao who wrote (8802)10/19/1998 11:57:00 AM
From: Margaret Mateer  Read Replies (2) | Respond to of 34811
 
Welcome back Wiz and Jan -
Tom looked great on CNBC - we've got the football and it's time to "put your feet in the stirrups" and start buying some strong stocks - his picks are MMM, Allied Signal and BLS. His picks from 18 days ago on CNBC are SLB, CSCO and LLY. Call in questions were on DuPont - Tom said, hold it, add to it on a pullback to 60, it's built a great base...COMS - great base, buy on pullback to upper 20s...MSFT - RS positive, great uptrending chart, looks great, 87 would be a sign of trouble...PSSI - buy at 18 1/2...ERICY - ok for traders on a bottomfishing expedition. Also mentioned Pennzoil ("notify the next-of-kin") but CHV, TX and XON are looking great here. Also recommended buying the brokerages. Never got to discuss his picks in any detail - too bad. I'm checking them out on the DWA site. So did you all wear costumes??? Are you going to give up a few details?
Peggy