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Strategies & Market Trends : Point and Figure Charting
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To: Ms. X who wrote (18212)4/16/1999 11:09:00 AM
From: Ms. X  Read Replies (1) of 34811
 
CAMPers!

We have a reversal up on the chart. As long as we don't go to 4 today
but really...can it with all of the hiking boots we own?
Today is a day that we all kick back half way up the mountain. I
believe it was TLC's turn to bring the Cheetos.

Here is the chart.

9.0 O --------------------------------------| ----------| ------* ------------
8.5 O | |
8.0 O --------------------------------------| ----------| --------------------
7.5 O | |
7.0 O X ------------------------------------| ----------| --------------------
6.5 O X O | | ? <--This would be a
6.0 O X O --------------------X ------X ----| ----------| ? spread triple top break
5.5 1 X 2 X O 9 O | | X ? and "Oh my" territory.
5.0 O --O ----X ------X --X --X O X --X O --| ----------| ----X O ?
4.75 | 3 X O X O X O X O 7 O X O | | X O X <--Today's
4.50 | --O ----X O ----X O X O X O X O X A --| ----------| ----X O X reversal up :-)
4.25 | O X X O X X O 6 O O X O X O B | | X O X
4.00 | --O X O X O X O X O X ----O --8 X O X O ----------| ----X O <--Yesterday's reversal down
3.75 | O X O X O X O X O X O O X O X | X
3.50 | --O --O X O --O X O --------------O X O X O ------| ----X --------------
3.25 | 4 5 O O X O X | X
3.00 | --------------------------------------C X O X O --| ----4 -------- Top
2.75 | O 2 O X O | X<--The triple top break
2.50 +---------------------------------------O X 4 X C X +-X --3 that caught my eye.
2.25 | O X 6 X O X O X O X
2.00 +---------------------------------------1 --O B O X O X O X -------- Med
1.75 | | 7 X O X 1 2
1.50 +---------------------------------------+---8 X O --+---------------------
1.25 | | O |
1.00 +---------------------------------------+-----------+--------------- Bot
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