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


To: Ms. X who wrote (19180)4/28/1999 10:59:00 AM
From: Dana Johnson  Read Replies (1) | Respond to of 34811
 
The biggest events for HWP have been the CPQ and IBM stories. This last run seemed to coincide with the thought that the CPQ problems were company specific. Earnings for HWP are next month. There are a lot of stories surrounding the spinoff of the non-computer/imaging business and the net-ification of the computer side.

I sold some when the BSL was broken. I don't feel bad about that, but was that a piff'n reasonable action? I am trading the upswing a bit because of the improved broad market outlook, though I am expecting a pullback maybe today or tomorrow may give a short term buying opportunity.

BTW, do you ever look at the Stock Trader's Almanac? I wonder if you consider the seasonal patterns it describes?

xxoo
dana