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Strategies & Market Trends : Point and Figure Charting

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To: Les H who wrote (7331)9/15/1998 8:57:00 PM
From: Jorj X Mckie  Read Replies (2) of 34809
 
Les,
One of us is looking at the wrong chart.....

I see the BRL for the DJIA at 8600 and some weak horizontal resistance at 8400 (earlier reversal points). If there is a breakout, based on these numbers I would go long and bail out as the DJIA reached 8400 (depending on the individual stock charts, NYSEBP and other factors of course). However, if I'm the one looking at the wrong chart, just insert your numbers.

But the real experts are Jan, Preston and Mr. Dorsey himself.
Tom
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