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Strategies & Market Trends : Point and Figure Charting

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To: Hardline who wrote (11299)12/10/1998 7:37:00 PM
From: wizzards wine  Read Replies (2) of 34816
 
Sorry Hardline I do Not have DWA's permession to reprint charts...But BMCS developed a NEW BSL by breaking the BRL at 47 with the move to 48..it then moved to a high of 56 only to fall to 45, one box below the NEW BSL...thus we now have a NEW BRL starting at 58 and going down to the right at 45 degrees..

Also a lower top in the X's at 49 and now in O's again...a move to 44 will signal anther sell signal...

Hope that helps...

Later

Preston
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