Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: papi riqui who wrote (17128)	4/9/1999 1:05:00 PM
From: Dave Shares	Read Replies (1) \| Respond to of 34811

PR BVSN is too risky for me right now, for all the reasons you stated. The bounce off the 50 dma looked good, for bottom fishing there. I was tempted to buy yesterday at 51, did not, now I am too afraid to go near it. David

To: papi riqui who wrote (17128)	4/9/1999 3:22:00 PM
From: XOsDaWAY2GO	Read Replies (1) \| Respond to of 34811

pr, OMKT is a competitor of BVSN. A way to go might be OMKT? Jan? What's the PO? Barbara

To: papi riqui who wrote (17128)	4/10/1999 8:27:00 AM
From: Dave Shares	Read Replies (1) \| Respond to of 34811

PR, With respect to BVSN and the low pole, I re-read that section in the book last night. It would appear that we would have to wait for another series of reversals to take place for reentry, as the stop point is pretty far below the current price. Once another column of Os has been made, and assuming it bottoms out above the last column of Os, I'd look for a reversal to Xs and enter there. That would seem to improve the risk/reward ratio, as the stop would be fairly close to entry. Am I seeing this right ? David