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

To: Judy who wrote (2214)	4/3/1998 7:58:00 PM
From: wizzards wine	Read Replies (1) \| Respond to of 34813

Hi Judy, Took a peek at QCOM, SUN, VIAS and see the following: QCOM has RS in a column of O's, not so good . Broke a double top just below the bearish resistance line at 55. It would need to break the 55 and then began trading above the line to change its trend. SUN has it's RS in X's, formed 3 lower lows in a row and then a buy signal at 43. Still above the bullish support line at 35. Going below 35 would violate this line and not be good. VIAS has again RS in O's. Its been trading below the bearish resistance line for some time now. I'd say yes this one gave you warning. Just my thoughts Later Preston

To: Judy who wrote (2214)	4/4/1998 10:03:00 AM
From: Ms. X	Read Replies (1) \| Respond to of 34813

Hi Judy, I find the X's and O's quite fun with a mixture of wine. Ask Wizzie, he can tell you! Are you going to go to one of the seminars? I'll be at the SF in May. Shall be fun. QCOM did break thru its brl but the RS is still very weak. Wouldn't trust this one in a market decline. Right now it would be a buy for traders but only on a big pullback to 50/51. SUN: I don't see a swan dive. Are you sure SUN I looked at SUNW too, doesn't look like either moved on the charts. Do I have the symbol right? VIAS: Damn! I looked at this for my short list, have it on my paper right here from last Wednesday and didn't list it...damn! Anyway, yes it had big warning signs. Here you go. 40 O * 41 O X * 40 O X --X O * ------------------- 39 O X O X O * 38 O X O X O * 37 O X O O * 36 O O * 35 --------O ----------* --------- 34 O X X X 33 O X O 2 O X O Med 32 O X O X O X O 31 O O X O X X O 30-------------O --O X O X O ----- 29 O X O 3 O 28 Lower bottoms O X O X O 27 RS negative O X O O 26 O 4 Yesterday's action 25-------------------------O 24 O 23 O 22 O Bot 21 O 20 ------------------------O ----- 19.5 O 19.0 ----------------------O ----- 18.5 O 18.0 ----------------------O ----- 17.5 O 17.0 ----------------------O -----