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

To: wizzards wine who wrote (10064)	11/22/1998 9:48:00 PM
From: Jerry Olson	Read Replies (2) \| Respond to of 34809

WIZZIE... SUNW...one of the strongest stocks in the selloff in early Oct...a powerhouse... BTW...FWIW..the internets...MALL....no P&F it's new...but somebody better look at the FA on this young fast growing company... and oh , they better do it FAST!!!! this little puppy is gonna explode!!!!!!! i'm buying this on MON am..at any price....

To: wizzards wine who wrote (10064)	11/23/1998 12:01:00 AM
From: Lyn Benson	Respond to of 34809

Wizzie, could you look at two for me? First, some weeks ago when I asked, Jan suggested waiting for VTSS to pull back, but it did not and took a long run to 36. Pulled back only slightly and is now sitting way above BSL at a spread sextuple (?) top at 36 again. Chartcraft had a PO of 70 when it broke out in late Oct...at this point, I know semis are at 70++ but the FA is great...and nothing above 37 historically.. given the chart, is it too late or.would you buy now, or wait till it gets above 37 or none of the above? If you did buy, would you sell on first 3 box reversal? Second, PWJ has come a long way back from low and looks to be about to break above BRL @38, Chartcraft has a PO of 78 on it and the sector is Bull Confirmed @56, would you wait till it broke DT at 40 to buy as it looks like it has a pretty clear run then till resistance at 48/49? If it did run to that level, would your SLP then be 44? Sorry to have so many questions, but the charts seem skewed with the Oct lows, and I'm reading the book, but need to have someone let me know if I'm thinking correctly. Thanks so much!

To: wizzards wine who wrote (10064)	11/23/1998 12:34:00 AM
From: PuddleGlum	Read Replies (1) \| Respond to of 34809

Preston- This market just ain't very cooperative at this point. I put sell orders in on just about 1/2 of my holdings yesterday, figuring on repositioning some stuff, and maybe just lightening up a bit overall, and now you and OJ say we're going to have a rocket tomorrow? Too soon, I tell you, too soon. BTW, one of my long time SI buddies just got his hands on The Book. I'll wager he'll be a convert very soon and he'll join us on this thread. I see that someone on this thread has read about Shakeouts as discussed on the DWA site. I'm keeping my eyes peeled for some examples. And I've added DASTY, EMIS, and others to my watch list. pg