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Strategies & Market Trends : Point and Figure Charting

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To: Bwe who wrote (15449)	3/14/1999 2:40:00 PM
From: Jerry Olson	Read Replies (2) of 34811

Hi Bruce....where are you???<g>... ok got a question for ya! i bought GTW the Apr 65 calls when the stock hit bottom the second time at 67 support...the stock just broke a trip bottom and promptly reversed up 3 boxes... i call this a Bear Trap, or a Triple Bottom Failure (TBF-Chartcraft)...it's right at the BSL, and has sold off from it's recent highs around 84ish..74 would break a double top and create a buy signal... am i reading this right??? i'm staying long for the moment to see the very next move coming MON/Tues... thanks pal...

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