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


To: quote 007 who wrote (14398)2/22/1999 11:14:00 AM
From: Hardline  Respond to of 34816
 
Be careful on BBY. Their FA looks excellent. If the dollar continues to strengthen it will only improve their situation as they purchase a lot from Japan.

I have owned BBY in the past. Do not own any now. But am waiting for the indicators to turn and then I am in again.

Hardline



To: quote 007 who wrote (14398)2/22/1999 11:19:00 AM
From: Hardline  Respond to of 34816
 
A few weeks back, someone was looking at Wireless Stocks as possible take over candidates.

Well look at VCELA.
RS = Sell 12/12/95
RS column = X
Triple Top 10/7/98

I do not own any of this but I may nibble on this when the sector turns.

Hardline



To: quote 007 who wrote (14398)3/7/1999 6:55:00 PM
From: Bwe  Read Replies (1) | Respond to of 34816
 
Hi Stuart,
I know you have a keen interest in both the High Pole and Low Pole patterns. I've written about Ethan Allen (ETH) before on the thread and that stock is a perfect example of what Aby calls a recurring Low Pole (LP) pattern.
A LP occurred in September at $38 with the RS B- (RS Buy and chart is in a column of O's). The RS turned B+ shortly thereafter. This LP was followed by a HP in November at $36, and another LP in December at $40. A break of the BRL soon followed. Now the stock has had another LP buy signal at $46. The odds are pretty good that a buy signal at $48 is in the cards, if, of course, the market continues it's recent rebound from it's oversold condition.

Bruce