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

To: Luce Wildebeest who wrote (619)	2/12/1998 4:50:00 PM
From: Ms. X	Read Replies (1) \| Respond to of 34811

Calvin, FA is indeed fundamentals. NMSS: Trading below its bearish resistance line. The relative strength (how it performs compared to the rest of the market) is a little weak. Daily momentum is negative too but this will cross positive at 46. I would like to see it move to 46 which would break a double top and move it through its bearish resistance line (I don't know where it traded today) Double bottom break at 37. Whenever a stock has weak RS and is trading below its bearish resistance line, I advise people to watch it carefully. The sector is good, software, has rallied up nicely. Jan