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Strategies & Market Trends : Point and Figure Charting

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To: Jerry Olson who wrote (11734)	12/18/1998 4:42:00 PM
From: Jorj X Mckie	Read Replies (1) of 34823

O, Lessee...hmmmm....COMS... Bearish triangle followed by a triple bottom break, below the BRL, RS is negative and currently being hyped on the TMEX thread. I'd stay away.... OOPS! Wrong stock. What can I say, COMS looks good, steep progression of higher highs and higher lows. RS is positive, nice little pullback to an ideal entry point. Will likely benefit from CSCO action. As long as your comfortable with the overall market context, it looks really good to me. I'd give it a target of $53/54 in the near term. X

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