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


To: Ms. X who wrote (18040)4/15/1999 10:15:00 AM
From: Ms. X  Read Replies (3) | Respond to of 34811
 
CAMP is the only green on my quotes!

Everyone in internet stocks. Looks like they are wanting to pull back to major lines of support like BSL's etc. Wait for these guys to settle before buying in. Need to see confirmation on the chart that they are ready to be good.

We needed a pullback to bring some reality into these stocks.

I still like CAMP and OMKT. Looking at QCOM this morning. Down a little now but real strong this morning. Check the chart today.

I say check the charts because you need to know what you are buying into and what your stop loss should be. Don't rely on me. I am not always here the exact second you need to know a stop loss. I'd love to be but it just ain't possible. Always stick to your plan.

Jan I am



To: Ms. X who wrote (18040)4/15/1999 10:52:00 AM
From: Dennis J.  Respond to of 34811
 
May we please have an update on this post, Jan?

Dennis



To: Ms. X who wrote (18040)4/15/1999 11:12:00 AM
From: Ms. X  Read Replies (1) | Respond to of 34811
 
This is why I said watch the chart. No sooner had I posted that, both CMGI and VERT started to move down. They did print lower on the chart.

Looking at the nets, again, they are pulling to previous resistance and support levels. I encourage all to look at the charts because it will show you how serious pullbacks from high poles work.