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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (10784)	12/3/1998 3:08:00 PM
From: Dennis J.	Read Replies (1) of 34811

Jan. Re LEAPS on SGP, I see the stock has fallen below its short-term ma's. I would consider buying LEAPS when the selling has dried up (indecision days on candles), and at the first move back over the 20-day ma. If the selling were to continue, a lower AIQ or Bollinger band would be a great buy point, again after selling abates for a few days, and after the first good up day. With all your p&f wisdom, how does this strike you? Dennis

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