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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (18472)	4/19/1999 2:30:00 PM
From: Ronald J. Clark	Read Replies (1) of 34811

Jan, About 4-5 months ago you were kind enough to take a PnF look at TMR (Meridian Resources) an oil and gas E&P company. Your analysis was pretty bleak and as a matter of fact the following months saw the stock hit its 52 week low. Recently, however, it has broken through its 50 and 200 day moving average. Would you be willing to take another look at this one for me? I would much appreciate it. I have followed the company mainly on a fundamental basis and think it has pretty good prospects. I have gained much respect for PnF by following this board and would appreciate very much your PnF view of the issue. Thanks Ron Clark

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