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Strategies & Market Trends : Point and Figure Charting

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To: PuddleGlum who wrote (373)	2/4/1998 11:02:00 PM
From: Ms. X	Read Replies (2) of 34812

Hi Steve, Great move on SFAM. Would definitely back that one up with stops. RS still negative. HELX: Just broke through its bearish resistance which proves to be a bullish move. Broke a spread double top in the process. Daily and weekly momentums are positive but the RS is still negative. INFS: is on a high pole warning. Would like to wait for a pullback to 39 <IMO>. RS is strong and the daily, weekly and monthly momentums are positive. Looks good, look for good risk reward. Shorts in general, are going to be a little bummed for a while. Market is in a rally. Jan

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