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

To: Ms. X who wrote (16706)	4/4/1999 9:21:00 PM
From: wizzards wine	Read Replies (1) \| Respond to of 34811

Evening Princess, I like HAL and SLB...one might also look at FGI & VRC..... Liking oil and the services!!!!! Later Preston

To: Ms. X who wrote (16706)	4/5/1999 3:28:00 AM
From: Ms. X	Respond to of 34811

Here are some stocks to chew on. I didn't check the FA and most of these are lower priced small or mid cap stocks. Some large cap stocks did make their way in but I done pooped out to do a full search. I started looking for the cheap, ahem oh.. excuse me, I mean economically palatable stocks to find trade ideas. Of course I strongly suggest you look at the FA and the charts to make your own decision before taking mine exclusively. :-) My, wasn't that a fancy disclaimer! tee hee In each section they are listed in order of Piffiness. Top best, bottom good but not best etc... Now then. CMGI - Good entry here with a stop of 178. RS just reversed to X's! I'm giving this its own category. Why I don't know, just am. Spread Triple Tops: MOT (Semi): Pulled back from Spread triple top. Nice pullback. RS in X, mom +. Support to 64 so long term stop 63. Trade stop 69. PO, 94. VDAT (Internet): Just broke triple top, Can buy partial positions here. More on pullbacks - resistance at 17. Stop 10. RS in X's, mom +. PO, 25/26. BTIM (Health): Quintuple top break and spread double top break. Nice pullback to 17.5. Wait for reversal up to set close stop. RS in X's. PO 35/36. PSFD (Oil Serv): Broke TRL @ 16.5 and spread triple at 17.5. Has pulled back to 14, wait for reversal up to set close stop. RS in X's. PO 34 WEBB. Broke BRL at 15 and spread triple at 15.5. Can buy partials but pullback is best. Stop 12.5. RS in X's. PO 21/22 NTPA (internet): Risky. RS in O's. Buy only on pullback around 8.5. Stop 6.5. PO 17.5. Triple Tops: All of these are risky and very aggressive. CAMP (elec): Below trend line but has made the first breakout after basing in the 1 -2.5 range. Can buy here at 2.50. Mom +. PO (unofficial) is 6 which is a big resistance level. CMCI (tele): Made a solid break of BRL and triple top at 5.5/ Nice higher bottoms. Can buy here. Stop 4. PO (unofficial) 7.5. Quick trade. VOD (tele): Just broke triple top but ran up 12 boxes to do so. This is a damned if you do, damned if you... Ideally you want a pullback since the stop is way down at 64. Resistance at 196 and set for another triple top break. PO (unofficial) 238 wow MMAC (no sector noted): Need pullback around 5. Stop 2.75. PO (unofficial) 14. Can buy partials here. Bullish Triangle: ESRX (drugs): After bullish triangle, shot up to 104 from 78. Pulled back to 80 and looks to be consolidating. Trading at 81.5 so it is close to the stop at 79. Can buy here. PO 143. RS in X's. COVD (internet): Good entry here with a close stop of 65 or can give room to 54. PO 176 wow. RS in X's AVTR (real estate): Just broke bullish triangle. Can buy partials here. Stop really at the BSL break, 16, but can have a tighter stop at 17. Although, this is right at the BLS and most stocks bounce right off it. RS in O's. Trend now positive. PO 31/32. IKOS (soft): RS in O's. Pull back around 4.75 is best. Higher bottoms. Stop 3.25. PO 25.5. Double Tops: NETE (comp): Shakeout at 12. RS in X's. High in March was 17. Mom positive. PO (unofficial) 17. Quick trade. Stop 9. ESPI (tele): Pulled back after spread double and a run to 14.5 (spread triple top). RS just reversed to X's! May reverse up tomorrow at 13 which would make the stop 11. PO 18. MCNS( no sector noted): RS in X's. Has pulled back from spread double top. Makes higher bottom at 15. Stop 13. PO of 27. AHWY (internet): RS in X's. Nice on a pullback around 12. STop 9.5. PO 28. Stocks with great patterns but need pullbacks. LSI (semi): Broke out of base and triple and spread double top. Entry at 30 is best but one can buy partial here. Stop 22. RS in X's. DRIV (internet): Broke BRL at 43. Currently at resistance at 45. Nice buy at 40. Stop 33. PO 69 MSFT (soft): Nice higher bottoms. RS in X's. Spread triple top pattern. Wait fro reversal up for close stop. NOK.A RS just reversed to X's! OK to buy on pullback around 150ish. Stop 140 on trades. Long term room to 124. OMPT (tele): RS in X's. OK to buy on pullback around 12.5. Stop 9. Triple top pattern. PO 22. INKT (internet): Currently a high pole. Might reverse down on chart tomorrow. Watch for formation of a close stop. RS just reversed to X's! ITVU (internet): Currently a high pole from bullish triangle. RS in X's. Wait for reversal down and watch chart for stop formation. Patterns forming: EXDS (internet): Forming triangle pattern. 154 for bullish, 130 for bearish. ABOV (internet): High pole. Reversal at 126 unless stock prints 144 on Monday. Watch chart to see what develops. YHOO (internet): Just consolidating PVSW (soft): Triple top break at 19. VVTV (media): Shakeout at 15.5 SCOP (tele): Triangle pattern. 12 for bullish, 8.5 for bearish. ATHM: First sell signal in strong uptrend. Can buy on the three box reversal up from the current column of O's. 158 on Monday would be the three box.