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


To: Bwe who wrote (9373)11/9/1998 12:12:00 AM
From: Judy  Respond to of 34811
 
Good evening, Bruce

Have you seen his market update by Ralph Acampora, I am in agreement with him ... especially when he says " it is reasonable to expect that over the next several months the market will once again stay within a wide trading range. Use this time wisely and be willing to rotate from group to group, is necessary."

Message 6335635

The sectors holding the market together will most likely be the oil services/drillers, semis, and drugs. And regarding the oil services stocks you posted about, I concur with the assessment on DO and FLC ... nevertheless SLB, HAL, RIG, NE remain my prime candidates in the sector.

The software sector is also looking good, would you give me the P&F view of ORCL and ADBE. They look prime to run again, ADBE for a trade and ORCL for a positional trade which could become an investment.

My regards.