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


To: Jerry Olson who wrote (9060)10/26/1998 10:46:00 AM
From: James Strauss  Read Replies (2) | Respond to of 34809
 
ALSC...

OJ:

Here's a small cap chipmaker that looks like it's coming to life...

bigcharts.com

Note the double bottom and positive direction of MACD...

As for AG and rates... I agree with you... If he doesn't cut rates at least another 1/4 point in November, we could retest the lows again... Last great buying oppty before the market takes off to new highs...

Jim



To: Jerry Olson who wrote (9060)10/26/1998 1:54:00 PM
From: steve susko  Read Replies (1) | Respond to of 34809
 
Do you think RUT rise could sustain rest of the year.

Like your semi picks, are you loaded yet? Still looking to add? What's #1 and #2 on your radar?

I like the low PE semi like AMAT and KLIC, esp the latter.

Have u started position trading E-mini? that's the best way to go, otherwise commision will eat all your profits. Let's make exchanges on the E-mini trade.



To: Jerry Olson who wrote (9060)10/26/1998 1:59:00 PM
From: steve susko  Respond to of 34809
 
R-U picking up any bargain today?

Disk stocks down today last I checked, and most still trading close to year low -- RDRT, SEG, Western digital.




To: Jerry Olson who wrote (9060)10/26/1998 6:45:00 PM
From: wizzards wine  Read Replies (1) | Respond to of 34809
 
Evening Jerry, take a look at CATP's P&F chart...Looks tradeable with +/- 10-20% swings between support, what's your view???

Later

Preston