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

To: Gottfried who wrote (9532)11/12/1998 1:49:00 AM
From: PuddleGlum  Read Replies (2) | Respond to of 34811
 
Gottfried-
LLTC is in a bullish catapult formation and I suspect that RS will have reversed into X's the next time it gets calculated.

Anybody- What to do with the oil services stocks right now? Judy gave a good argument against them, and they look like they're drilling down again, maybe even doing some deepwater drilling so hold your breath. And the semi equips, even with the sector at 70%, look ready to leap up another 25% or more in price. (Judy- don't forget VECO in your laundry list, looks darn good to me).

pg



To: Gottfried who wrote (9532)11/12/1998 10:04:00 AM
From: Ms. X  Read Replies (2) | Respond to of 34811
 
Gottfried I loved your post.
Not to fear. No matter what new gigit and technical whatsamacallit comes out, the NYSE BP hasn't been wrong yet. I play it the same way no matter what. If it turns down I'm bearish, turns up I'm bullish. Don't give a flying banana where the Dow ends up. No matter what other technical indicators say.
PnF is made to be simple. Adding all this other stuff clutters up the works I think. JMHO etc. :-)


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