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Strategies & Market Trends : Point and Figure Charting

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To: Smooth Drive who wrote (11215)	12/9/1998 12:16:00 AM
From: Dennis J.	of 34817

Hi Eric, Glad you are taking a look at them. Did you ask who likes stocks with breakouts at the top of a long run? Perhaps William O'Niell? No, I think he likes those saucers or cups with handles. Perhaps Tom Dorsey would like them. Running above support, RS in X's, new breakouts, etc. AIQ will give you a list like this with the Relative Strength - Strong report. David Vomund, a top market-timer has a mechanical portfolio. On AIQ buy signals, he picks five from the RS-S report, and five from the Weighted Action List report ( a contrary selection of stocks coming off the bottom band). Then he holds these with stops, until he gets a market-exit signal -- then bye-bye. Appreciate your comments. Dennis

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