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

To: Mr. BSL who wrote (1748)	3/13/1998 11:43:00 AM
From: bobster	Read Replies (2) \| Respond to of 34808

Anyboby out there know anything about CATP or PAYX. I really like the FA on both, plus they both have VERY strong revision momentum from the analysts. Both seem a little "expensive" but everything looks expensive to me lately. CATP looks to me to have good support at 42. I'd love to buy it at around 46, but I'm not sure we'll see that price again. It's at around 50 now. PAYX looks to have support at 49, 46, and a lot at 45. It is at around 55 and I guess it would be great to buy it at 49-50. Again, I don't think it will get that low again unless the market tanks. What would you guys do? Anyone have an opinion on the FA or the P&F chart. bobster

To: Mr. BSL who wrote (1748)	3/13/1998 12:46:00 PM
From: wizzards wine	Read Replies (1) \| Respond to of 34808

Hi Duke, Just ran the 3 with RS in X's through Zacks: Ticker Zacks Price/Sales Insiders Instut's Beta TXI SB@56.25 1.1 4.7 60.9 .27 MAG S@ 18.60 .5 3.2 85 .92 USFC B@ 35.5 .6 .17 89 .46 And for Bobster: CATP B@ 47.13 6.4 7.8 60 1.0 PAYX B@ 51.81 6.6 16.6 56 1.0 Duke, would you like the remaining part of the 11 with RS in O's to be run through Zacks?? P&F for the above: TXI has pulled back from 58 to 51 and last signal was a spread triple top. Nice!! MAG gave double bottoms and lower highs, still above bullish support line. I'd watch this one from the side for a while to develope and RS to give BUY signal. USFC nice, but wait for pullback towards support. CATP All P&F OK. Hitting new highs. Ok on pull back to 46-47. PAYX had a triple top on 3-10-98 with rising bottoms. Nice progression. P&F all GO. Wait for pull back to 52-53 area. Later Preston