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


To: kurt aichler who wrote (10576)11/30/1998 10:23:00 PM
From: Hardline  Read Replies (1) | Respond to of 34811
 
Anyone ever use the Dorsey Wright's Idea Generator? They had a stock listed this weekend that looks very interesting.

1. Excellent FA
2. At the BSL
3. RS turned POS on 09/08/98
4. A series of Double Tops

What the hell, I bought some today.

Hardline



To: kurt aichler who wrote (10576)11/30/1998 10:58:00 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 34811
 
Kurt,
Since OJ seems to be offline, can I offer this amateur's opinion?

First, Nice Pick.

Broke a triple top at $19.0 on 11/19 and a spread double at $20. RS is positive, still room in the sector with a BP of 58% (retailing). Above the BSL. Pretty much everything looks good.

Since it is up on a decent High Pole it is a little more difficult to set your stop if you buy it here. I personally would set it at $20 (that spread DT that I mentioned) or wait for a pullback before entering.

Feel free to follow Wiz, Jan, Bruce, Al, Eric or any of the others that are a little more disciplined than I.

JXM



To: kurt aichler who wrote (10576)12/2/1998 11:15:00 AM
From: Jerry Olson  Respond to of 34811
 
Hi Kurt

there's better people than me to take a looksee...

it's another net/nut...ALL NET/NUTS have INCREASED VOLUME....ALL!!!