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Strategies & Market Trends : Point and Figure Charting

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To: Mr. BSL who wrote (7414)	9/17/1998 11:28:00 AM
From: Ms. X	Read Replies (1) of 34811

Nasdaq is the same thing.. Notice the push and pull and who is winning. 1820 X O X O X O X O X O X O 1810 X O O X O X O X O X O X 1800-X ------------O X --X --X --------O X O X O X O X O ------------- 1790 O X O X O X O X O X O X O X O 1780 O X O X O X O X O O O X O 1770 O X O X O X O X * O O 1760 O X O X O X O * O 1750---------------O --6 --O X --------------* --------O ------------- 1740 O X * O 1730 O X * O 1720 O * O 1710 * O 1700-------------------------------* ------------------O ------------- 1690 * O X <--Second double top buy 1680 * O X X 1670 * O X O X 1660 O X O X 1650---------------------------------------------------O ----X O X --- 1640 O X O X 1630 O X O X 1620 O X X O X 1610 O X O X O X 1600---------------------------------------------------O X O X O X --- 1590 O X O X O X 1580 O X O X O X 1570 O X O X O <--Next support level. 1560 O X O X 1550---------------------------------------------------O X O ---Much higher bottoms 1540 O X 1530 O X 1520 O X 1510 O X 1500---------------------------------------------------O X ----------- 1490 O X 1480 Low at beginning of September--> 9

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