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Strategies & Market Trends : Trade/Invest with Options Jerry a Point & Figure Chartist -- Ignore unavailable to you. Want to Upgrade?

To: SusieQ1065 who wrote (3313)	8/27/2001 4:06:17 PM
From: Jerry Olson	Respond to of 5893

OK WILL DO... USUALLY ON BOTTOM FISH PLAYS THEY ARE DCB'S...ON STRONG STOCKS ABOVE THE R LINES...IT'S VERY IMPORTANT LONG..AND JUST THE OPPOSITE ON STOCKS BELOW SUPPORT..

To: SusieQ1065 who wrote (3313)	8/27/2001 4:10:25 PM
From: SpecialK	Read Replies (2) \| Respond to of 5893

Susieq, take a look at this chart> stockcharts.com From the left side of the chart, you can see a series of lower lows (0s) and lower highs (Xs). Last move from 35 down to 24, was to the bottom of a downtrending channel. 3 boxes required to reverse, which gets it to 27. You'd like to buy stocks that have Xs go higher than the previous column of Xs. BRCD cannot do that until (example) 1. it hits 36 or 2. reverses back down to 24 (Os) and then reverses back to Xs and goes to 28 Either of which would be double top buy signals. Ketan