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

To: steve susko who wrote (9047)	10/26/1998 8:47:00 AM
From: Jerry Olson	Respond to of 34809

Morning Steve... the semis had a cycle bottom in the fall of 96...i played several stocks in the sector then---"without P&F"<g>...and did very well into the fall of 97... they tanked severly thru 98 and just NOW have bottomed...i can tell you that IMO, many stocks in the sector will NOT do well in the next 2 quarters...others will... the semis (dram guys) will do better than the equipment co's.... anyway they were terrific trading vehicles then and will be even better using P&F...take a look at NVLS-AMAT-KLAC-KLIC JUST FOR A FEW... we can and will trade these for nice profits.... as for the e-mini, i will strickly position trade it, as i can not & will not watch the tape day to day minute to minute....it cost me a lot of money & grief doing that last year into this year...no more... i'm WAY to emotional to daytrade the markets...it's really totally unnecessary using P&F...perfect position trading tool, using sma, with understanding certain patterns like Triple Top Breaks etc... hope this helps....