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

To: Smooth Drive who wrote (2344)	4/14/1998 4:49:00 PM
From: wizzards wine	Read Replies (1) \| Respond to of 34811

Hi Eric, I looked at that CKR again and in refiguring come up with a Bearish PO of 31, which as you say it meet. However, the RS is way down in a column of O's and not close to reversing up yet. Also if you look at the pattern since early February on the charts for DMI, RS Index and Stochastics of CKR they have a very consistant pattern and the stocks lows consistantly bounce off of the lower BB. I think you could see it go up a little more tomorrow, and then trend down again to 29 or 30. Thanks for looking at it, as I mentioned looking at these upside down takes a little getting use to. Later Preston