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Strategies & Market Trends : Point and Figure Charting

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To: Lost1 who wrote (21406)	6/17/1999 8:37:00 PM
From: wizzards wine	Read Replies (1) of 34811

Evening Lost1...Regarding CVS...Very nice chart with higher bottoms culminating in a quad top break out.... One would notice that higher bottoms with level tops forces the break more often than not...to the up side... Yes the market and the sector control 80% of a stocks move, but there are exceptions....Our indicators are moving slowly south...but certain issues are moving up :-) ps DWA vs sector RS moved into X's in very early June... That was my selection criteria for my picks for the DWA contest...Now in 13th place,,,but tomorrow is a new day, and I would have sold certian positions today in the contest if I could have...Plan and execution!!! Nice move ... Later Preston

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