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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (61)	1/23/1998 1:27:00 PM
From: Jorj X Mckie	Read Replies (1) of 34808

Well Nessy, you invite me over to your party and there's not even a virtual beer. :-) Just looking at the ABX (Barrick Gold) chart, still need two more X's before I get a buy signal and three X's to get to the bearish resistance. I think you mentioned earlier that the bullish percent did reverse up already (Dorsey's page doesn't show it yet), but it has a hell of a long way to go to get a clear buy signal on the sector. Will it be safe to buy more ABX on its individual buy signals, or should I wait for the sector. TD

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