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


To: Smooth Drive who wrote (11124)12/7/1998 11:29:00 PM
From: Sonki  Respond to of 34820
 
ok. now i know BRL. 128, 142 and 154. Relative strength recently turned positive (again...) great thx. so i will hold my jan 135 till 141 instead of 139.

was invited here by OJ....



To: Smooth Drive who wrote (11124)12/8/1998 1:53:00 AM
From: Dennis J.  Read Replies (1) | Respond to of 34820
 
Eric

MSFT. Great chart and analysis. All the technicals I follow look on target for higher prices. I think it's a winner.

If you have time, any thoughts on the following, or maybe just shorten the list to 3 or 4.
DY EMC LU WCOM MHP SLR TWX TYC WAG WLA

Thanks,

Dennis




To: Smooth Drive who wrote (11124)12/8/1998 8:48:00 AM
From: Jerry Olson  Read Replies (1) | Respond to of 34820
 
Hello Eric

Yes MSFT has been "THE" behemouth of all techs IMO...a powerful monopolistic co.<g>..

I love the visual of charts...it really helps novices like me "see" the whole picture, not just the recent moves in a stocks history...

Eric, if you'll take a moment and think about my general thoughts on all stocks that breakout...

In general most traders feel if a stock has hit a new high, they should sell it...everyone is afraid to "chase" these types of stocks, because of valuations...they always say to me..."how much higher can it go"??...

Eric, how the heck did it get there to begin with???? so I feel that playing at the top, with the best of the best, is the safest & most rewarding trading style of all...

why bottom fish beaten up negative stocks that are down there for a reason...buy the good stocks, proven in there ascent, because they are making money!!!!

some of my best plays are chasing Big Cap stocks breaking out of all time new highs...

Thanks again for your constant efforts here to inform the uninformed..

My Regards, Jerry