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Strategies & Market Trends : P&F Research -- Ignore unavailable to you. Want to Upgrade?

To: Ms. X who wrote (71)	3/31/1998 11:06:00 AM
From: Ms. X	Read Replies (2) \| Respond to of 389

CHV: Leap idea We all know oil will go back up some day. Look at CHV to see how well it has held up considering. 93 92 \| 91 --Spread double top break (above September highs)-- Top 90 ------------------------------------------+-----------------X ---- 89 X \| X O 88 X O X X \| X O 87 X O X O X O X \| X O 86 X O A O X O X O B * \| X O 85 ----------------X O X O X O X O X O X * --+-----------------X O -- 84 X O X O O O X O X O * \| 3 X O 83 X O O X O X O * X O X O <--Nice pullback. 82 X X O X O X O \| * X O X 81 X O 9 O X O O \| * X O 80 --------X --X O X ------------O X ----O --+-----* ------X -------<--Trade Stop 79 X O X O X O X * C X \| * X Med 78 X O X O X O X * O X O X 2 X 77 X X 8 O X Oct.low--> O * O X O X O X O X 76 X O 7 O * * O X 1 X X O X O X 75 ----X O X ----------------* ----------O X O X O X O X O ------* -- 74 6 O X * O X O X O X O * <--Long term stop. 73 X X O * O X O O X * 72 X O X * O \| O X * 71 X O X * \| O X * 70 X O ------------* ------------------------+---O X --* ------------ 69 5 * \| O X * 68 X * Jan. low-->O * 67 X * \| * Bot 66 X * \| 65 X ----* ----------------------------------+-----------------------