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Strategies & Market Trends : Point and Figure Charting

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To: flashy who wrote (16877)	4/6/1999 10:25:00 PM
From: James Strauss	Read Replies (1) of 34811

Flashy: Many times waiting for a pullback to a breakout point or trendline or moving average is the prudent thing to do because most up moves are not parabolic... In the case of ESRX, the 13 day MA has historical support significance... That's why I see the 82.00 to 84.00 area as a likely test of support... I'll leave the expert P&F analysis to Jan... Jim

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