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


To: Jerry Olson who wrote (1841)3/17/1998 3:18:00 PM
From: Ms. X  Read Replies (1) | Respond to of 34823
 
Here I am,
Yahoo did reverse back into O's from its high and then reversed back up. The fact that Yahoo couldn't reach its previous high before reversing down again today, tells me supply is coming in. Wait on this one, it may break a double bottom soon. I wouldn't recommend any jumping.
The momentum for the sector is weakening so be careful.

Jan I am



To: Jerry Olson who wrote (1841)3/17/1998 3:18:00 PM
From: wizzards wine  Read Replies (1) | Respond to of 34823
 
Jerry, From what I see, the momentum has changed for the software sector and RS is in a column of O's. Also MOSOFT has changed to BEAR CONFIRMED, but I cannot find out what the MO part of software is.

Sorry!!

Preston