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Strategies & Market Trends : Point and Figure Charting

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To: mph who wrote (12947)1/22/1999 3:25:00 PM
From: Dennis J.  Read Replies (3) of 34811
 
Hi Marie.

CHRZ looks a lot like KEA on p&f or any other chart. <g> Do you like stocks that have been brutally pounded till the look real cheap, or are you considering revisiting the Y2K thing?

Based on recent action for KEA and CHRZ, I see a continuation move to lower ground, then perhaps a quiet trading range. Might be good to watch for a 21-day new low (like now), followed by some small trading-range days, up is better, but inside the range of the last few days. Then some gap-up days breaking the 20-day ema (or the 10-day ema if you are super aggressive.)

I saw the disclaimer about Y2K revenues. Any real news forthcoming?

Of course, you should get an official reading from Ms. XO, just to see how contrary you will be. Is this a MPHT (as in TDT). <g>

Dennis
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