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Strategies & Market Trends : Point and Figure Charting

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To: Sam Quentin who wrote (5506)8/7/1998 7:00:00 PM
From: Ms. X  Read Replies (1) of 34811
 
Hi Sam - ONSL

It has been in a trading range and the RS is on a buy but in a column
of O's. With the sector down I'd wait for the RS and some buys
signals/lower bottoms. RS does seem to be getting stronger by the way.


36 X X
35 -----------------X O ----X O -------------------------------
34 X O X X O X *
33 X O X O 4 O X O X X *
32 X O X O X O X O X O X O * *
31 X O O X O X O X O X O * X *
30 ----------------X ----O --O X O X O 5 O ----X O * ---------
29 X 3 X O O X O X O X O * X
28 X 2 X O X O X O O X O X X O 7 X O
27 X O X O X O X O X O X O X O X O X O X O
26 X O X O X O X O O X O X O X O X O X O
25 X O X O --O X --------------------O X O X O X O --O X O ---
24 X O X O X O X 6 X O X O X O
23 X O O X O O O X * O X 8
22 X O * O X * O
21 X * O *
20 X --------------------------* ------------* -----------<--Stop
19.5 X *
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