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

To: Magnatizer who wrote (1395)	3/4/1998 4:49:00 PM
From: wizzards wine	Read Replies (1) \| Respond to of 34827

David, APCO has all POSITIVE signals. Vertical gives a target of 16 I think, it starts below 5 and I believe that you use a factor of .25 if your below 5. Maybe Jan can confirm. Anyway, it formed a double top buy sign on 2/18/98 and has no resistance, all blue sky. Also no history at this level. The last column of O's had a low of 6 so 5.5 would give a sell signal and be your stoploss. Would be nice if you could get it on a pull back to 7. Better risk to reward. Just my thoughts. Preston