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


To: Judy who wrote (12755)1/14/1999 2:20:00 PM
From: the options strategist  Respond to of 34810
 
Judy you won't believe what I have done with intc spread. No I still have it but have been selling and covering calls with and don't know where it will lead. LOL when I asked you about IMNX I had not looked at the intraday chart and the run up (haven't seen it lately) but I was inquiring about getting in at this time (when things settle)

I still have not seen when the drugs earnings begin. Have you?

Jen



To: Judy who wrote (12755)1/14/1999 9:37:00 PM
From: John Post  Read Replies (1) | Respond to of 34810
 
Judy, or others interested in RMBS,

Guess tomorrow will bring RMBS a big bunch of Os. Looks like its after hours trading was in the 78 range and its the Bullish Support Line is at 75. Seems like support is holding in after hours and like tomorrow AM may be a great buying opportunity.

My investment experience is limited (as is my P&F experience) so I really don't know if RMBS saying to expect their next two quarters to be flat with this quarter will cause it to continue down for quite a while.

Looking for others thoughts...Do you see tomorrow morning as the time/price to buy. Is it better to let it settle and give a new buy signal?

Thanks,
John

ps. Tried looking over the RMBS thread...wow, you don't even want to go there. So much push and shove!