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Strategies & Market Trends : Point and Figure Charting

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To: Judy who wrote (3422)	6/5/1998 5:50:00 PM
From: wizzards wine	Read Replies (1) of 34811

Hi Judy, Let's see how much help I can be or trouble that I can get into... Jan will correct me if I'm WRONG CSCO and DELL have both given a double bottom sell signal and are both RS Buy in a column of X's which is a good signal. We want the RS to be in a column of X's preferrably and secondly on an RS buy adds to the strength. CSCO did not change today but DELL came right up to 85 and got 2 new X's today, an even 86 or better would give DELL a new double top and a Buy signal. In looking at ASND, from what I can see, the Momentum has been negative for 3 weeks. It is RS sell in X's. Now here is where I may get into trouble, I think that ASND would need to get a 49 to turn the momentum back to positive. A 49 would be a new double top buy signal. Let's see what our Princess has to say.... I tried. Hope it's helped Later Preston

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