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Strategies & Market Trends : Point and Figure Charting

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To: Judy who wrote (12945)1/24/1999 7:37:00 PM
From: Jorj X Mckie  Read Replies (2) of 34809
 
Hi Judy, time to revisit XRX...

Some time ago you mentioned that XRX was not necessarily fundamentally strong. P&F chart looks like it may have topped around $122. A move to $108 would break a double bottom...getting pretty close. Is XRX showing a rounding top that you mention sometimes?

Sector slightly overbought with a BP of 60%

Tom
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