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

To: quote 007 who wrote (14400)	2/21/1999 8:16:00 PM
From: Lee Lichterman III	Read Replies (2) \| Respond to of 34816

Careful with MU. I hate them with a passion but my chart says they could bounce here soon for a better put entry. BWTHDIK A long time lurker, Lee

To: quote 007 who wrote (14400)	2/21/1999 8:20:00 PM
From: Jerry Olson	Read Replies (2) \| Respond to of 34816

Stu AOL..it splits tomr...2-1..wait.....

To: quote 007 who wrote (14400)	2/21/1999 9:22:00 PM
From: Ms. X	Respond to of 34816

If XYLN broke out from here it would be amazing. I'm inclined to think not for now. Just watch and see. Same with ALTR. This one is facing a triple bottom. Important to watch how stocks hold up during all this market madness. Yes, stocks can go down faster than they go up. Using your high poles (We'll have to now nick name high poles "Stu's") you could short (longer term put) if the market direction and sector direction is in your favor. You can initiate puts on an RS reversal negative, you can look for rallies from major breaks such as triple bottoms and the BSL. Lot's of things. MU looks tasty for a put. MOT Looks good too. PSFT has a lot of support to 16.5 and may not fall past that giving you little room for advantage VRTS looks good. AOL I would initiate if it butt it's head against that 164 or the closer I could get to it the better. Here's a hint everyone. Start looking for stocks closing in on the bottom of their trading band and basing. They would be good for leaps or calls once the short term indicators give us the thumbs up. Trades.