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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (2802)	5/5/1998 10:58:00 AM
From: Bwe	Read Replies (1) of 34811

"Bearish Signal Reversed" pattern in Chase Manhattan (CMB) on the recent p&f buy signal at $142. In his book, Tom says "We almost always play this pattern", and in the published p&f chart pattern study, the bearish signal reversed has a 92% success rate giving a 23% return in around a 2 1/2 month time frame. CMB has bullish RS with the trend up on the RS chart. Bullish Support Line at $114. Bruce

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