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


To: Ms. X who wrote (9193)10/30/1998 11:02:00 AM
From: Lyn Benson  Read Replies (1) | Respond to of 34811
 
Jan, could you do the chart on VTSS? It has had such a run since the lows of 18, what would you suggest as an entry and what would your near term po be? Thanks!



To: Ms. X who wrote (9193)10/30/1998 11:19:00 AM
From: Jerry Olson  Respond to of 34811
 
Janie

High Poles??? is that too high???? wait for pullbacks...



To: Ms. X who wrote (9193)10/31/1998 3:42:00 AM
From: XOsDaWAY2GO  Read Replies (1) | Respond to of 34811
 
Anyone having trouble printing out charts from DWA? Even when I go out of the site and log back in, I get the message.

Barbara



To: Ms. X who wrote (9193)10/31/1998 4:05:00 AM
From: XOsDaWAY2GO  Read Replies (1) | Respond to of 34811
 
Jan, when looking at VTSS, I see a sell signal at 21 and then a double bottom at 17.5, then a double top buy at 22. From what point would the price objective be figured? Would the price objective be 28.25? If so, it has gone way beyond that. When a stock exhibits a HPT, isn't that bearish? (Just doing some homework.):-)

Barbara



To: Ms. X who wrote (9193)11/2/1998 12:08:00 AM
From: Paul V.  Respond to of 34811
 
Jan, Need to look at the charts some are on high poles.
AMAT Applied Materials Inc


If my DW calculation using the vertical method is correct with 14 boxes up to $36 from the low of 22 then the projection for AMAT is $64 (14X3=42 + 22). During the last cycle in 1996 it ran from $22 to $108 prior to the split.

Not a bad return for those buying AMAT in the low $20's.

Yes, I expect a pullback from the 36 high but trying to time AMAT I have found next to impossible. It ziggs when you think it is going to zagg<g>

What are your thoughts? Do you comfirm my calculation?

Paul V.