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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (1806)	3/15/1998 9:12:00 PM
From: AlienTech	Read Replies (1) of 34809

>>The last signal given on the relative strength was a sell signal. It just recently reversed back up into a column of X's suggesting it will outperform the market. Relative strength column changes are always good to find. This means you are getting in on the beginning of a rally for the stock. Vice versa is true if the RS turns to O's. Stock will probably start under performing the market.<< Guess fundamentals dosent matter anymore, A company that has a higher P/E than MSFT. What >200+ now? I can understand companies like BAANF etc getting P/E of 50-60 but 200??? I have friends who work there and they are happy about it but IT IS SCAREY that you can loose 75% of your market cap in any kind of disappointment..

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