Point & Figure - Beginners (Real Green) Message Board

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Strategies & Market Trends : Point & Figure - Beginners (Real Green)

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To: chartseer who wrote (131)	1/4/1999 1:53:00 PM
From: leslie jo	Read Replies (1) of 322

Chartseer: I've been on vacation and am trying to catch up...I've looked at IRIDF and I agree with your analysis. I also see a bottom out at 39, followed by a double top buy at 44 and the BSL close at hand at 38. Those are the pluses. Looks like it's doing well today up at 41. Being new to PnF, my first thought was that because momentum was negative, that it might have a chance of breaking through the BSL and creating a triple bottom sell. I thought it might be better to catch it up on a reversal back into X's just to see if the BSL holds...I'll continue to watch this with interest... Comments? LJ

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