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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (180)	1/29/1998 7:10:00 AM
From: Craig Monroe	of 34816

P&F newbie looking for validation - appears to me that RCMT has broken out to the upside and pulled back, ready to be purchased. Using MetaStock to chart stocks, the program has chosen a box size of 0.57. With this in mind, using vertical count, it appears poised to go to go up 18 boxes (to 25.5) with a stop 3 boxes from the close on Wednesday. This yields a ratio of 6:1 in terms of potential gain to potential loss. Am I on target? Thanks very much.

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