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Strategies & Market Trends : Point and Figure Charting

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To: Judy who wrote (12755)	1/14/1999 9:37:00 PM
From: John Post	Read Replies (1) of 34810

Judy, or others interested in RMBS, Guess tomorrow will bring RMBS a big bunch of Os. Looks like its after hours trading was in the 78 range and its the Bullish Support Line is at 75. Seems like support is holding in after hours and like tomorrow AM may be a great buying opportunity. My investment experience is limited (as is my P&F experience) so I really don't know if RMBS saying to expect their next two quarters to be flat with this quarter will cause it to continue down for quite a while. Looking for others thoughts...Do you see tomorrow morning as the time/price to buy. Is it better to let it settle and give a new buy signal? Thanks, John ps. Tried looking over the RMBS thread...wow, you don't even want to go there. So much push and shove!

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