Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Dennis J. who wrote (11969)	12/25/1998 7:24:00 AM
From: Bwe	Read Replies (1) \| Respond to of 34811

Good morning, Dennis. There was a lot of movement in the Chartcraft portfolios this week. Stocks added to the Investor's Intelligence Long Term Portfolio: Centocor (CNTO): Newly bullish RS and in an attractive buying area. Talbots (TLB): RS just turned bullish this week. The RS was on a sell since 11/96. Chartcraft likes the Retailing group. For their Low Priced Portfolio, Chartcraft added the following stocks without explanation. I'll presume to add my own brief thoughts: Just For Feet (FEET): Tax loss selling candidate that's down almost 50% from it's highs. Approaching a "Green Zone", an area of strong previous support. In the Retail sector that Chartcraft loves so well. Polaroid (PRD): Another tax loss opportunity. Chartcraft must like the risk reward to the BRL which is at $31 and the stock is at $18. A beaten down stock. Tax Loss Selling Package of 3 Stocks: Cross Timbers Oil (XTO), Newpark Resources (NR), and Worldtex (WTX) Have a great day everybody. Bruce