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

To: Ms. X who wrote (1605)	3/9/1998 10:35:00 PM
From: Mr. BSL	Read Replies (2) \| Respond to of 34810

Jan, BAY looks good. VL & narrow group check out. Nice pullback today. Duke

To: Ms. X who wrote (1605)	3/10/1998 8:46:00 AM
From: wizzards wine	Read Replies (1) \| Respond to of 34810

Bobster Oh Bobster, Have you looked at Jan's four stocks that she ask you and Duke about??? Have ya, Have ya. It's a test guess what, she's included 2 of them that look just like NEWP!!!!!!! Now call that what you will but what are the chances, I'd give her your money and go play golf. How can she pick 2 stocks that are the epitome of our question and then forget what the question was??? Talk about brilliant, and sneaky. <<gg>> Careful Preston

To: Ms. X who wrote (1605)	3/10/1998 9:10:00 AM
From: wizzards wine	Read Replies (1) \| Respond to of 34810

Morning Princess Jan, Let me see if I can correctly express what I believe Bobster and I are trying to define. Tom says in his book that it is best to find a stock who's RS has just turned positive. I however have looked and do not see and cannot tell for sure if he is refering to the RS signal or the column of X's as being the turning POSITIVE. This could be on of our sticking points. Second, I believe that Bobster is trying to define that if a stock has just turned positive and should be in a strong up trend for some time there after..... Would the converse not be true that a stock that had turned to RS SELL a long time ago,(say 5-6 years) generally be ready to turn positive and therefore we could ignor this RS SELL signal. What I attempted to say, was that in the particular case of NEWP I believe that this could be done(ie ignor the RS SELL) as the stock is within 2 points of turning POSITIVE. However, NEWP's RS number is 2.17 and has ranged from a low of 1.25 to a high of 2.5 thus, if it's RS number were closer to the low side of 1.25 rather than about to give a new buy signal I would think it prudent to give higher precidence to the RS signal. Now, in the four stocks you so delightfully selected, this same question arrises. Both AGPH and CTAL have RS SELL signals in a column of X's. The Ball Is IN YOUR COURT TEACH!!!!!!!! Have some coffee warm your keyboard and THINK. Most humbly Preston