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Strategies & Market Trends : Point and Figure Charting

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To: Judy who wrote (332)2/4/1998 1:34:00 PM
From: Ms. X  Read Replies (2) of 34816
 
Hi Judy,
Market goin' up like a homesick angel.
INTC, MSFT and SLB are making me a happy woman today.

QCOM is right at its bearish resistance line. It breaks it at 58 (I don't know where it is trading right now). Daily and weekly momentums positive. If it broke through this line its ready for some good trading. For traders only of course since the RS is weak.

What do you think of CPQ? Broke a double top today. Above bullish support line. I'm thinking its time. What do you think?

Jan
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