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Strategies & Market Trends : Point and Figure Charting

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To: Judy who wrote (15325)	3/10/1999 6:07:00 AM
From: Bwe	Read Replies (4) of 34811

Good morning Judy. Great to hear from you. Chartcraft uses the following designations to describe the current status of a stock's RS: B+: Stock is on RS Buy signal and is currently in X's. The strongest stocks. B-: Stock has bullish RS, however, is currently in O's on it's RS chart. S+: The stock has bearish RS but is currently in X's and outperforming the market. S-: Bearish RS and underperforming the market currently. The most bearish rating. Status changes among the four categories are particularly noteworthy. CSCO was B+ from May '97 - October '98, and moved to B- sometime in October. The status change was a great signal as the stock subsequently doubled and more from that point. I'll take a look at INKT and NSOL a bit later in the day. I've noticed, but never bought into QCOM. Good call. Your present thoughts on the stock and DIS would be appreciated. Bruce

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