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Strategies & Market Trends : Point and Figure Charting

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To: Ditchdigger who wrote (19723)	5/8/1999 4:51:00 PM
From: wizzards wine	Read Replies (1) of 34811

Hi DD...FLC you say...Well with RS on a Sell in O's and below the Bearish Resistance line at 12.5....but wait, does it????Yes the DWA RS just flipped to X's....... And I thought there was no hope :-) That flip of the DWA RS is a small ray of hope, but it must break through that 12.5 BRL!!!! Some other strong Oil service issues are GLM, SLB, and HAL among others.... The sector usually flips back down about 80ish...I'd be watching that DWA RS and when it flips back to O's, I'd be taking any profits...Especially if any of the other indicators start to turn down... Other that holding for years, what was your plan when you bought it??? Hope that helped, Later Preston

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