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Strategies & Market Trends : Point and Figure Charting

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To: Judy who wrote (6854)9/6/1998 6:23:00 PM
From: Bwe  Read Replies (1) of 34804
 
Please keep in mind, Judy, that both the October and November crude charts are below their BRL's. The November chart's po indicates that the chart has the impetus to move through the BRL, but it has to happen first before the chart can be considered bullish.

You might ask Doug the question I posed as well with regard to the significance each chart.

Take care,
Bruce
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