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

To: Sir Auric Goldfinger who wrote (25319)	4/20/2001 12:23:18 PM
From: Jorj X Mckie	Read Replies (2) \| Respond to of 34808

It should be stated 18+ and you would want to wait for the 3 box reversal. The 18 Os rule would have killed you this past year. RMBS Chart has 35 Os down. stockcharts.com

To: Sir Auric Goldfinger who wrote (25319)	4/20/2001 1:48:14 PM
From: who cares?	Read Replies (2) \| Respond to of 34808

Those who bottom fish will find this report interesting to help identify possible trades. Very few of the stocks that show up on this report would be ones we would feel comfortable owning. So it's really just a list for aggressive "bottom fishing" traders to work from. The report identifies stocks that have fallen 18 boxes without any reversals back to the upside. A lot of times you can get a good trading move back to the upside because the stock is simply so oversold and due to bounce. This is aggressive trading and when doing so we would concentrate on the stocks that dropped the 18 boxes quickly. The ones that fell in a matter of days not weeks and months. Also, when reviewing the stock in this list look for the ones that have fallen to a previous level of support on the chart. Using the Expanded chart will help identify these levels. Also look for the stock to be at the bottom of their 10 week distribution (this is designated by the bot on the far right of the chart). Every chart is different but typically we look for a reversal back to the upside to play. It indicates that demand is back in control.