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Strategies & Market Trends : Point and Figure Charting

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To: Jerry Olson who wrote (8565)	10/9/1998 10:58:00 AM
From: Ms. X	Read Replies (1) of 34813

Hi Jerryberry, INTC did break the BSL didn't it. Next support is at 70 and then at 66 (bottom of trading band). The RS is still positive. I wouldn't add any new positions here. Not that I think it will fall apart necessarily, just don't know where it will base out at this point. Watch for higher bottoms etc. If already long, can give some room since the RS is positive and the sector is so low. Only 'cause I grub U... (people must be throwing up at this point...)

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