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


To: Michael Rich who wrote (19487)5/3/1999 5:16:00 PM
From: Jerry Olson  Read Replies (1) | Respond to of 34811
 
Hiya Mikey... what a market pal...just wonderful...

Mikey i truly believe we are seeing renewed strength in these markets..i feel the NAZ will rebound ...it has tested 2500 twice now & held.....the SOX reversed up, AMAT's a terrific buy right here...

the only caveat is the 2 P&F indicators that are getting overbought..but you know what??? when they reverse it will be a normal pullback in the overall scheme of things..nothing serious..

not with the NYSEBP in a column of X's and only at 53.8% right dead set in the middle of the playing field...perfect senario...

Mikey i'm very frisky at the momment...and yes, grabing the riduculous premis on these nets is the way to go...especially if one doesn't mind owning them if one's wrong!!!!<g>...Judy rubbing off on me.....:>}

regards guy....