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Strategies & Market Trends : Point and Figure Charting

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To: Bwe who wrote (15353)	3/10/1999 9:34:00 AM
From: papi riqui	Read Replies (1) of 34811

Bruce, you wrote: >>B-: Stock has bullish RS, however, is currently in O's on it's RS chart. 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.<< Are you saying that an RS status change from B+ to B-, i.e., from Xs to Os as in CSCO's case last October, is to be viewed as a positive move? I thought a move from Xs to Os was negative. What am I missing? Or, are you implying that CSCO's mere doubling from last October was a weak move compared to what it would have done had the RS changed from Os to Xs rather than vice versa!!!

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