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Strategies & Market Trends : Point and Figure Charting

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To: The Perfect Hedge who wrote (4230)6/29/1998 12:12:00 PM
From: wizzards wine  Read Replies (3) of 34812
 
Hi Glen, PFE and DELL OK..

PFE has ben kind of slow after that last run up and looks to be consolidating. RS is still Buy in X's good, but it has not given a new buy signal yet. Need a high for the day of 116 to get that double top. Chart kind of looks like it's trying to do the bearish reversal thing, but needs that 116. For me, I'd let the chart develope first.

DELL again RS Buy in X's, and just gave a 3 box reversal after a triple top buy signal..She may be ready to Rock & Roll...nice chart and sector is down at 32, good field position.

Only my thoughts

Preston
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