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Strategies & Market Trends : Point and Figure Charting

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To: papi riqui who wrote (14823)	3/2/1999 4:10:00 PM
From: james ball	Read Replies (2) of 34811

Papi once the chart is split it is reconstructed from scratch. The pattern will change. CPWR still looks bad and I would expect lower prices, no matter what the company says. Your new stop is $33 on the short. I remember Merck when it splie years ago 5 for 1. The chart looked bad prior to the split and after the split it was exempliary. If you went with the chart you made a ton of money. Things still look bad in the market and the indicators have not changed. My assumption is tomorrow will bring more net new sell signals as well as lower percent of 10 and high low. AD lines are still very bad. ISCA doing well hold on as Im sure you bought some. Tom D.

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