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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Alan Smithee who wrote (23670)9/15/1999 11:20:00 AM
From: Ms. X  Read Replies (1) | Respond to of 34808
 
Hmmm. If the RS were in X's etc I'd say buy on the three box up and use the bottom as a stop but...
The RS is in O's and other than it being above the BSL it looks a little weak.
I'd wait a bit here. Let's see if it holds that bottom above the BSL or if it breaks down more. It may very well move to touch the BSL and then bounce back up. Let's wait and see.