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To: Bazmataz who wrote (10760)2/6/1998 9:12:00 AM
From: JHR  Read Replies (1) | Respond to of 95453
 
BARRY -- ON GLM'S WEAK CLOSE

I was disappointed too. It couldn't seem to hit that 26 that it needed to break out on the point and figure chart. P&F posted something from Dorsey with the admonition that the time to get in was after it hit 26 and not sooner. It got to 25 7/8 yesterday but couldn't crack the 26. Its at a triple top right now, above the bullish support line but right up against the bearish resistance. Maybe P&F can give us some insight on how stocks do under these conditions. I'm a novice on the point and figure stuff but this one might be a good case to watch.