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Strategies & Market Trends : Point and Figure Charting

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To: Smooth Drive who wrote (14139)	2/21/1999 4:51:00 PM
From: Bwe	Read Replies (1) of 34809

Hi Eric. It's been a while since we corresponded. I hope you've been well. The end of your Chartcraft summary this week (the Desi line) gave me a chuckle, of which, I usually get at least one per Steven's post. You can be a riot. I wanted to let you know that I ran across some insider buying in this week's WSJ for Suiza Foods, a little ditty you wrote about a couple of months ago. A director picked up 30,800 shares for a total of $1.238 million canoli's. That works out to $40 3/8. With the stock currently at around $35+, AJ Bernon is a tad in the red on this current purchase. SZA is looking to Bearishly Catapult below the official BSL with a move to $34. Things were looking good in December when the BRL was taken out at $51 (In retrospect, that move looks like a Bull Trap - check out the two tops at $50 in August. Also had a HP in January) but it's been all downhill from there. I don't follow the fundamental story, so maybe you could fill me in if you still follow the stock. Of course, I'm most interested in your p&f thoughts on the stock. Speak with you soon. Your pal, Bruce

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