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Strategies & Market Trends : Point and Figure Charting

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To: Lost1 who wrote (12338)1/6/1999 4:06:00 PM
From: Bwe  Read Replies (1) of 34808
 
Lost 1. The NT chart is not scary in the least. Breaks of the BRL are always good news, except of course if followed by a High Pole at the Bearish Resistance Line. The object of the p&f game as I see it is to get on the right side of a long term trend. NT had half the equation with bullish RS, however, the stock was trading below it's BRL which turned the stock back on four different occasions. The break as I described was very bullish. Plenty of room to move to reach the price objective and the stock has another fine quality attached to it.....Judy likes it. NT is worthy of strong consideration.

JMHO,
Bruce
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