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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (4933)	7/21/1998 10:22:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (1) of 34811

Hi Al - LU High Pole now and Wow! What a ride. It looks as if it will reverse on the chart tomorrow if it opens at 102. If it goes to 110 it will go up another box. If it does reverse, this would set a close stop for those wanting to enter LU here. Would wait for some sort of reversal.>>>>> isnt a high pole a negative sign? so if it reverses at 102 why would you want to get in.... I am sort of confused here at terminology btw, still dont know what the r127 trade is..I have seen it before occasionally...

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