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Strategies & Market Trends : Point and Figure Charting

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To: Jorj X Mckie who wrote (4239)	6/29/1998 4:17:00 PM
From: wizzards wine	Read Replies (1) of 34809

Is THIS what they call a Dietz thing?? Ok Tom, IMNX has climbed from 60 to 70 for a 15% gain. The last 2 climbs went to 73 and before that 75, both reversed down for a correction of 60 to 70% of the run up. Besides Tom, RS is in O's..... I look for it to go to 64 before breaking a double top at 71, if it can do it. Look at the chart and you notice that after a straight run up without a reversal, this one likes to then make lower tops and bottoms.. Looks like the play on this is one off the bottom, selling on the first reversal, at least for now. Only my thoughts Tom Later Preston

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