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Strategies & Market Trends : Point and Figure Charting
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To: Bwe who wrote (2391)4/19/1998 10:41:00 AM
From: Jack Chen  Read Replies (2) of 34812
 
Hello Bruce: Would have to agree with you on the quality of the TXI, no doubt it's a good company and a solid stock, but, I would have to say it's bit extended now, I am a firm believer of this P&F charting method, I like to look for the thing that is coming out of O and turning to X's. For now, few of them I thought are turning to X's, they are CPB, DF, JNJ and a may be FNM. I said a maybe FNM is because it's currently sitting at a important support point, most likely it would hold. That's it for now, later:-)
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