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

To: The Jedi who wrote (337)	2/4/1998 1:53:00 PM
From: Ryan Mak	Read Replies (1) \| Respond to of 34816

Take a look at ASYT ... retest the bearish line today ... I think it's worth a try. Also, I like CPQ here.

To: The Jedi who wrote (337)	2/4/1998 1:55:00 PM
From: Ms. X	Respond to of 34816

Hi Kiri, I've been eyeing IBM myself. It is in big consolidation. My feeling is you really can't go wrong with this stock long term. I think it is waiting for the sector to move up. On the P&F side of things: It did break through its bullish support line which is not a good signal. The daily momentum just flipped back to positive but the RS seems to be getting weaker. For myself, I would wait to see it break resistance at 102/104 just to make sure demand is coming back in and it doesn't collapse at this point. Jan