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Strategies & Market Trends : Point and Figure Charting
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To: Ms. X who wrote (5955)8/17/1998 9:12:00 PM
From: Ms. X   of 34816
 
Looking at some of the Semi's.

ALTR:
Vertical count: 56

43 X
42 X <--Spred double top buy
41 X X <--Triple top buy
40 --X O X --X --X O ----------
39 X O X O X O X O
38 X O X O X O X O <--Nice Pullback
37 O X O X O O X
36 O X O 8 Med
35 O X ------------* ----------
34 O X * <--Stop Point
33 O 7 *
32 O X *
31 O X *
30 6 X --* -------------------

INTC:
Vertical Count: 99
-
89 | X <--Just broke triple top today
88 X X X
87 X O X O X
86 X O X O X
85 X --X O X O X ----------
84 X O X 8 X O
83 X O X O X
82 X O X O
81 X O
80 X --------------<--Stop point for trade.
79 X Med

MU:
Vertical count: 51

37 X O X O *
36 X O X O * X
35---X O X O X ------------
34 X O O X O * 8 O X
33 X O X O X * X O X
32 X O 3 X O X * X <--Double top
31 O X O 4 O X O * X X O
30 O X --------O X O X O --* X O X ----------------
29 O O X O X 5 X O X Med
28 O O O X O X Higher Bottoms
27 O 7 O X
26 O X X O
25 --------------------O X O X ------* ------------
24 O X O X * <--Stop point
23 6 O X *
22 O X *
21 O *
20-------------------------* ----------------------
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