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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (4357)	7/2/1998 10:16:00 PM
From: Russ 5150	Read Replies (2) of 34811

Please pardon my intrusion. I would like to know if anybody knows about this: <<<<<6/23/98 [RECY] Recycling Industries: This company is a full service metal recycling firm. Since October of last year, RECY has been building a base in the 4.50 to 5.00 area... The most recent Buy signal for RECY was a double top at 7.00 and took the stock to 8.00... The stock has pulled back to 5.50 right above the strong support level, and the daily momentum is on the verge of turning positive... The price objective on RECY is the 17.50 area. Fundamentally, Piper Jaffray has a Strong Buy rating on this stock...>>>>> Did Dorsey Wright put this out? If so, where might I find it? I would like to read the rest of it. Also, does anyone know how the 17.50 area was decided on? Sorry for all the questions. Been long this one for quite a while. Just trying to stay on top of it. TIA, Russ

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