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Strategies & Market Trends : Point and Figure Charting

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To: space cadet who wrote (8840)	10/20/1998 4:37:00 PM
From: Jorj X Mckie	Read Replies (1) of 34811

Hi SC, Not a guru, but I played one on TV.... KEA has given a couple double top buy signals and looks like it found a bottom at $25. It pulled back today into a column of Os, which is no big deal unless it breaks $30 (your double bottom support). KEA is still in a risky area being below the bearish resistance line (BRL) and with a negative relative strength. Since you are already in the stock, maybe look at setting a stop loss at $29, but I doubt that it will trigger (in other words, I think you will be ok assuming the market behaves). Any of the true gurus, please feel free to add/correct. Tom EDIT: Looks like Wiz beat me to it....

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