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Strategies & Market Trends : Zen Piffing -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (39)	5/17/1999 12:17:00 AM
From: Ms. X	Read Replies (2) \| Respond to of 173

******* 5/16/99 Zen Piff Portfolio******* Stock Date Entry Price P.O Stop pb VOD 5/14/99 191.00 192.5 198 176 b LSI 5/14/99 37.13 37.625 50 33 pb SORC 5/14/99 13.25 14.25 22 9 pb COPY 5/14/99 2.75 2.906 6 1 b ANCR 5/14/99 7.19 7.938 12 5 b KIDE 5/14/99 23.00 23.625 38 19.5 b LCOS 5/14/99 101.50 107.125 145 85 New CNXT 5/16/99 40 55 34 New MRK 5/16/99 71-72 85 67 New LARS 5/16/99 3.25 7 1.5 b Still OK to buy pb Needs pull back to buy New Entries CNXT RS is in X's and CNXT has just pulled back after a bullish signal reversal, one of the best trade patterns in PnF. 45 X 44 X O 43 X O 42 X O X X 41 X O X O X <--Bullish signal reversal 40 X O X O 5 --X O ---- 39 X O X O X O X O <--Friday's pullback 38 X O O X O X 37 X O O X 36 X O X 35 X --------O X ------ 34 X O MRK The drug sector is over sold and starting to shape up. MRK is one of the premier stocks in this sector and has pulled right down to the Bullish support line. Since bouncing off the BSL, it has created higher bottoms and tops. 76 X O O X O 75 O ----X ----------------O X O ----X ------------ 74 O X O X O X O 73 O X 2 O O X X O 72 O X O X O 5 O X O 71 O X O X O X O X O 70 -----O X O ----------------------O X O -------------- 69 O X O X * <--Bullish support Line 68 O O * 67 <--Stop point. LARS This is an aggressive play. Stock is below the Bearish Resistance Line and the RS is in O's but it has just broken a triple top. 3.50 --------------------O X O --------\| ---------------- Top 3.25 O O \| X <--Spread triple top. 3.00 ------------------------O X ------X ------X ------------ 2.75 O X O X O X 2.50 ----------------------O X O X --X O X --5 -------- Med 2.25 O X A X O 1 2 X O X 2.00 -------------------------O --O B O X O X O X ------------ 1.75 O X C X O 4 1.50 -----------------------------O X O +----------<--Stop point. 1.25 O X \| 1.00 -----------------------------O ----+---------------------