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


To: debra vogt who wrote (375)2/4/1998 11:00:00 PM
From: P. Ramamoorthy  Respond to of 34816
 
Lone Star Steak House has been one of the value stocks based on FA. Ram



To: debra vogt who wrote (375)2/4/1998 11:35:00 PM
From: Jorj X Mckie  Read Replies (3) | Respond to of 34816
 
Hi Debra,
Jan asked me to take a peak at these for you (I think her fingers were cramping). In general, it sounds like Mario has some stocks he wants to dump.

RDA - It is below bearish resistance (not good), Bear alert (not good), Bullish percent 62- (more room to go down). There would be a weak buy signal at 32, but that is 8 points from where it is now. I don't like.

STAR - Also below bearish resistance, steady downward trend, bull correction, bullish percent 38 (not bad). It did break a double top (good). Stronger than RDA, but nothing screaming "buy me".
Tom