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Strategies & Market Trends : Point and Figure Charting

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To: mph who wrote (19600)5/6/1999 12:45:00 AM
From: Ms. X  Read Replies (1) of 34824
 
MPHie <g>

FDO looks fine. RS in X's and the sector is real good. It is right now at a double top on the chart at 26 with a reading of 24 and change. the stop would be 22 for a trade and 17.5 for long term.

Up to you. I don't see anything wrong with the stock. If he has profits he can take his original investment off the table, keep the rest and buy something else. All kinds of things...

FDO looks to be a solid stock and a respectable one in any portfolio.

Jan I am
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