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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (85)1/25/1998 9:08:00 AM
From: Allan Harris  Read Replies (1) of 34808
 
>Oh, Intel....looks great.

I see from your web site that Intel has just triggered a Relative Strength SELL SIGNAL, less then a month old. Is this consistent with Intel looking "great" ? On the other hand, it seems to have broken out above a triple top as well as above the downward sloping trendline from the recent high near 100. Still, that Realtive Strength SELL is troubling. The instructional materials state that once a Relative Strength signal is given, "it usually lasts about two years." How does one resolve this conflict?

Allan,
King of France
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