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Strategies & Market Trends : Point and Figure Charting

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To: Mr. BSL who wrote (84)	1/24/1998 9:49:00 PM
From: Ms. X	Read Replies (2) of 34808

Hey Duke, This is a hard question to answer because it depends on your investment strategy.It is a good question and I may have to defer this one to Tom. There are some who only buy the premier stock in a sector upon a reversal up from below the 30% level. Examples: Oil - CHV Oilsrv - SLB Semi - Intel Comp - IBM Forest and Paper - IP Precious Metals - ABX This does not mean there aren't others that will perform just as well. My charts show PHM as a finance stock and BF as an aerospace. Using the P&F, you would follow the sector that has the stock listed in its residence. Next time I chat with Tom I'll ask him about it. Oh, Intel....looks great. Banks are still above the 50% level.

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