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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (13863)	2/11/1999 11:40:00 PM
From: Jorj X Mckie	Read Replies (1) of 34810

Hmmm.... Well if we are just looking at the charts they all look pretty ugly. I'm drawn to CTXS since it has a PE of 98. TLAB and IBM have PEs of 35 and 24 respectively so I wouldn't expect them to get chopped as much. Check out QWST. It hasn't broken down yet, but it does have descending bottoms. EPS -3.36, PE N/A. Didn't you say something about the TELEs reversing down? (BTW: that isn't only reversing down, that is a full-on sell signal in the BPTELE). How's Spammie the P&F Frog? JXM

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