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

To: lobster who wrote (2001)	3/26/1998 8:46:00 AM
From: wizzards wine	Read Replies (1) \| Respond to of 34808

Morning Lobster, I looked at ABF, RS just reversed down giving a SELL and is in a column of O's, Trend is still +, Momentum has been Negative for 3 weeks and she's violated 35 which would have been the stop loss. Those are the indicators that I could find for you, hope thats what you were looking for. Later Preston

To: lobster who wrote (2001)	3/26/1998 9:35:00 AM
From: Ms. X	Respond to of 34808

Ahh, haaa. Grasshopper, you may have found something. ABF just reversed its RS into O's and has given a double bottom break. It is in the airline sector (which you know my position on that). Your stop would be kind of high from here (43) but watch to see if you get some rally. Not often does it continue a downstreak all at once. Oh, they do and we wish we had them OXHP rings bells here but you know what I mean. Take a look at strike and exp and see what you see. Let me know. All momentums are negative. Jan