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

To: Dennis J. who wrote (12149)	12/31/1998 12:42:00 PM
From: Judy	Read Replies (2) \| Respond to of 34810

Good morning, dennis Michael Murphy has a poor overall track record on his stock picks. btw, this is not a comment about IFMX.

To: Dennis J. who wrote (12149)	12/31/1998 12:55:00 PM
From: Jorj X Mckie	Respond to of 34810

Dennis, The decision was based on the P&F chart coupled some very basic fundies and with my belief that Y2K stocks that appear to have a future longer than 365.75 days from now, will do well going into 1999. The P&F chart for IFMX was showing some strength and had a very nice pattern with higher highs and higher lows even though it is below the BRL and has negative RS. If you were looking strictly at P&F, you might consider this a TDT. However, I would not in the big picture consider it a TDT. Look for a pause at $10.00 on this (BRL and DT). If it hits $10.5, look for the BSB. I actually exited my position in IFMX a couple of days ago (which I posted on this thread). The stated reason was boredom. The two Y2K stocks that I have are MAST and KEA. Tom

To: Dennis J. who wrote (12149)	12/31/1998 2:05:00 PM
From: Mr. BSL	Respond to of 34810

XLE - Energy SPDR Comp tick Sector % ---- ---- ------ --- Exxon XON oil 24.50 Roy Dutch Petro RD oil 15.70 Mobile MOB oil 10.60 Amaco AN oil 4.90 Chevron CHV oil 4.60 Texaco TX oil 3.80 Atlantic Rich ARC oil 3.50 Phillips Petro P oil 1.90 USX-Marathon MRO oil 1.60 Unocal UCL oil 1.40 Burlington Ress BR oil 1.30 Occidental Petr OXY oil 1.20 Amerada Hess AHC oil 1.00 Ashland Inc ASH oil 0.90 Sun Co., Inc SUN oil 0.80 Anadarko Petro APC oil 0.70 Pennzoil PZL oil 0.60 Union Pac Res UPR oil 0.60 Oryx Energy Co ORX oil 0.60 Apache Corp APA oil 0.60 Kerr McGee KMG oil 0.60 Helmerich & Pyn HP oil 0.40 Oil 82% Enron Corp ENE gas 3.20 Williams Cos WMB gas 2.30 Coastal Corp CGP gas 1.50 Consol Natural CNG gas 1.10 Columbia Gas CG gas 1.10 Sonat Inc SNT gas 0.80 Util/Gas 10% Schlumberger SLB osrv 4.00 Halliburton Co HAL osrv 2.40 Baker Hughes BHI osrv 1.10 McDermott Int MDR osrv 0.50 Rowan Co RDC osrv 0.40 Oil service 8% AHC,AN,APA,APC,ARC,ASH,BHI,BR,CG,CGP,CHV,CNG,ENE,HAL,HP,KMG,MDR,MOB, MRO,ORX,OXY,P,PZL,RD,RDC,SLB,SNT,SUN,TX,UCL,UPR,WMB,XON