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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (7670)	9/23/1998 10:08:00 PM
From: Ms. X	Read Replies (3) of 34810

Judy: GE, INTC GE: Excellent comeback today for GE. Broke the bearish resistance line. Good to buy on a pullback at 81. Stop 75. RS positive and on a buy Momentums Daily Positive Weekly Positive at 91.301 Monthly Positive at 104.529 Vertical Count: 100 (unconfirmed) 85 ------O ----------* ----------------- 84 O X * X<--Today's break of brl. 83 O X O X * X 82 O X O X O X 81 O X O X O X X <--Pullback area 80 ------O X O X O X --X O X ----------- 79 O X O X O X O X O X 78 9 O X O X O X O X 77 O X O X O O X 76 O X O O 75 O X -------------<--Stop point 74 * O X 73 * O INTC: Excellent move on INTC today. Broke the bearish resistance line. Can buy here and on a pullback to 84. Stop of 80 for trades. RS positive and on a sell Momentums negative, crosspoints below. Daily 89.424 Weekly 90.402 Monthly 83.926 Vertical count 102 88 * 87 * X <--Today's break of brl 86 X * X 85 O ----X O X ---------- 84 O X X O X Med 83 O X O X O X 82 O X O X O X 81 O X O X O 80-O X O X -------------- 79 O X O X 78 O X O 77 O X 76 O X 75 O X ------------------ 74 O X * 73 O X * 72 O X * 71 O X * 70 9 * ------------------

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