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Strategies & Market Trends : Point and Figure Charting

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To: iGregor who wrote (5241)	7/31/1998 10:41:00 AM
From: Ms. X	Read Replies (2) of 34812

Hi East, LNC is being funky. Wouldn't go long on this since the sector has reversed etc. Just gave a sell signal after a lower top. Could move to March low. LZB could be making a triangle pattern here but whether bearish or bullish, we don't know. Could enter here with a trade stop of 52 and a long stop of 48. OAT Move to 56 would be a good sign but your stop is definitely 51 - break of the BSL. RBD in my opinion will fall back to the BSL. RS is negative. I'm assuming you are interested in a short here? Problem is it is a slow mover. Take care, Jan I am

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