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

To: Ms. X who wrote (1497)	3/5/1998 9:52:00 PM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 34811

Jan, I've got different numbers for XLNX. I show that it closed -3. Now there were some days in the past that I may have thought that this was "up", but this new math thing tells me that -3 is "down". (Dorsey's page shows the close for Mar4, not Mar5) XLNX low for the day was 43 1/16, which is a mere 1/16th away from doing a three box reversal down. Still 4 boxes above BSL. Tom XLNX: Moved up today in spite of Intel. It is sitting at a spread triple top resistance at 46 will break at 47. Still trading above bullish support line. RS is negative. Stop of 38 two double bottom breaks and violation of the bullish support line. Would wait for pullbacks before considering new positions because of the sector and RS risk factor.