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

To: Mr.Manners who wrote (20356)5/25/1999 5:12:00 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 34809
 
Kasha,
Oh great...drag out my embarrassing moments:-)

Message 9750987

I no longer have any calls on semis and have puts on NVLS and MU.

Didn't see it coming. The nice little buy signal on the SOX. Everything was sitting on their BSL.....and no follow through.

I would go with Judy's view of overall market sentiment dragged the semis down with everything else.

JXM



To: Mr.Manners who wrote (20356)5/25/1999 10:36:00 PM
From: James Strauss  Read Replies (2) | Respond to of 34809
 
Kasha:

An impending market correction is what happened... Usually 75% of stocks follow the herd... WLA and many other stocks are caught up in this correction... As Tom often says, "'you want to know whether you've got the ball or are playing defense"... Right now the market is playing defense...

Jim


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