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Strategies & Market Trends : Point and Figure Charting
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To: Mr. BSL who wrote (3302)6/1/1998 8:50:00 PM
From: Ms. X   of 34816
 
CSCO: Gasp! Breaks a double bottom!
This is the first sell signal in the very nice uptrend.
RS still strong. If long you could take this signal and protect/cover.

81 X
80 ----------------------------------------------------------X O -----
79 X O
78 X O X
77 X O X O
76 X O X O
75 ----------------------------------------------------------5 O --6 -
74 X X O
73 X O X O
72 X O X
71 X X O X
70 ----------------------------------------------X --4 O X O <--Next support level
69 X O X O X <--Short term stop
68 X X O X O X
67 X O X O O <--Good support level
66 X O X
65 ------------------------------------------2 3 X ----------------* -
64 X O X * <--Long term stop.
63 X O X *
62 | X O X *
61 * | X O X *
60 ------------------C --X * --------+-------X O --------* ----------
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