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

To: Gottfried who wrote (23881)	9/28/1999 4:09:00 PM
From: Tommy Dorsey	Read Replies (2) \| Respond to of 34809

I too have it. Concerning AOL the break today at 106 takes the 2 point long term downtrend line out. This suggests we will see the longer term 5 point chart downtrend line taken out. I could not have been more wrong on a stock in as along as I can remember. I do know I have never had one go against me so fast in 25 years. Be that as it may, these trend line breaks suggest that AOL will recoup much of the recent 92 point drop it had in the last four months. Volatility is extremely high but one can't fight the tape. The market always finds a way to keep one humble. I'll bring a chart of AOL to Chicago with me as I'm sure eveyone will want me to start out with that one. Tom