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Strategies & Market Trends : Point and Figure Charting
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To: Ms. X who wrote (6110)8/21/1998 12:41:00 PM
From: Riskmgmt  Read Replies (1) of 34811
 
Hope this helped. If not please let me know,

Thanks Jan, it does help. Now let me see if I have this straight. The support on Intc is $83 so one could go long around that level for a bounce. If it falls through that support then $80 is the next that should hold, if it doesn't then it is not good for a long position.
Is that somewhat close?

thanks,

Ray
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