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


To: Judy who wrote (10040)11/22/1998 7:07:00 PM
From: Gottfried  Respond to of 34808
 
Judy, re >I am basing my view on AMAT more on current market sentiment...<

Understand. We have had people who understand the fundamentals
very well get blindsided by the halo effect.

Gottfried



To: Judy who wrote (10040)11/23/1998 12:03:00 PM
From: Jorj X Mckie  Read Replies (3) | Respond to of 34808
 
Judy,
Assuming that AMAT can break through their resistance at $39 (currently a Quint-top), which I know you believe they will, do you have a price target?

I have set my target for HTCH at $36 as there is significant resistance there (another quint-top). Too low???

My two educated TDTs are doing ok for now; CS and NOVL. NOVL just broke a DT, but has another at $19. I'll probably bail out there.

CS broke through a DT today, but has another at $15.5, and I'll probably jump there as well.

I am pretty liquid right now and concerned about market reaction to DJIA 9300 as it approaches.

Tom