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

To: Michael Rich who wrote (14757)	2/27/1999 2:46:00 PM
From: Jerry Olson	Respond to of 34824

Hi Mikey point well taken...extremes??? me??? ha! i'm much more cautious now...things are deteriorating...i'm playing some netnuts...but will short the rallies till something changes...right now i have to sit still... like we both know, profits have been pretty nice lately...don't want to get careless... i'm reading these charts and a lot of stocks and indexs have tried to rally up thru res. it hasn't happened yet, and i don't think it will...my guess is this whole thing will resolve itself to the downside.... i'm taking some profits on this next run...and will sit quietly<g> for a while.....i had the right moves Mikey on the Semis and MSFT...did ok, but moved way to fast...it worked out but was very short lived i think...let's see how this plays out right here... my guess will be for another attempt to rally up, but fail again... of course Mikey my friend and trading buddy...I HAVE BEEN KNOWN TO WRONG!!!!!!!!!!!.....:>}