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Strategies & Market Trends : Point and Figure Charting

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To: Jerry Olson who wrote (1841)3/17/1998 3:18:00 PM
From: Ms. X  Read Replies (1) of 34823
 
Here I am,
Yahoo did reverse back into O's from its high and then reversed back up. The fact that Yahoo couldn't reach its previous high before reversing down again today, tells me supply is coming in. Wait on this one, it may break a double bottom soon. I wouldn't recommend any jumping.
The momentum for the sector is weakening so be careful.

Jan I am
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