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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (15112)	3/7/1999 2:51:00 PM
From: contax	Read Replies (1) of 34811

Hi Jan, Gotta tell ya, you and OJ have really got me into P&F!!! Thanx to both of you and of course Tom and all the other great folks on this thread! So now all I am doing is trying to read them charts and think JBL looks pretty good to me. Looks like it could be getting ready to break a quadruple top. To my untrained eye, if JBL prints 35, then they could be off to the races...No? Some JBL background, 'cause good charts are GREAT charts if fundamentals are there to back it up! Jabil Circuits completed a Secondary offering on Friday @ $30, having come down to that price from $39.50 which it established in January. They also went through a 2 fer split last month. Their sector, the Electronic Contract Manufacturing is hotter than a pistol and they are announcing earnings on March 16th. Now you know earnings gotta be good for them to be a able to complete a secondary of 10.5 million shares 10 days before the announcement!?! So could you please take a quick look at their chart and tell me if I am on the right track? THANX! Regards, Karim

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