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Strategies & Market Trends : Point and Figure Charting

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To: Judy who wrote (6737)	9/3/1998 3:17:00 PM
From: wizzards wine	Read Replies (1) of 34805

Hi Judy, I looked at CMB and MER.... CMB is RS Buy in X's, broke down mid July and has given 4 DBS, is below the trend line at 68, and has just reversed back into X's up from a low of 50 to currently 57 in X's... MER is RS buy in O's, below trendline at 94, just reversed up into X's from a low of 61 to 71 in X's... As to a further selloff, we will know after tomorrow for the short term... Thanks for the link to your comments to James Struss. Later Preston

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