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


To: Sam Quentin who wrote (18767)4/21/1999 10:47:00 PM
From: Ms. X  Read Replies (1) | Respond to of 34809
 
Sammie Sam Sam...

With ASTN you need to use the stops provided by the chart. Don't worry so much about catching it at the top. I don't think you are going to mess things up - I don't know the fundies. Chart looks good and the RS is thinking real hard about reversing up.

NITE is volatile. This is like comparing apples to oranges. Two different acting stocks. I don't understand your comparison.

Jan I am



To: Sam Quentin who wrote (18767)4/21/1999 10:49:00 PM
From: Dana Johnson  Read Replies (1) | Respond to of 34809
 
Sam, I am wondering about ASTN too. I think that after OJ has digested his grapes, he might be a good one to enlist in deciphering this stock.

It looks like ASTN will break the double top tomorrow. The stock is in a strong sector, really more financial services and brokerage than business products as it is classified on the dwa site. The thing that caught my eye is that the CEO is the former president of Instinet before it was sold to Reuters.

I bought more shares today with the intent to trade some short term for a few points and let the rest ride through this summer when the trading system comes online.

dana