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

To: mph who wrote (2351)	4/15/1998 12:08:00 PM
From: XOsDaWAY2GO	Read Replies (1) \| Respond to of 34811

OPMRF is acting great. If it hits 15, it will break a triple top. What is it's expected high? Barbara

To: mph who wrote (2351)	4/15/1998 12:36:00 PM
From: wizzards wine	Read Replies (2) \| Respond to of 34811

Hi mph, I looked at PCMS for you as Jan's internet connection is still acting up. RS is buy in a column of O's and is trading right up the bullish support line creating higher bottoms and level tops at 20 & 21. A move to 22 would be a strong signal and break current resistance. The vertical count off the first buy signal after the last down trend gives 24 as a target. You then have resistance at 22 from last fall. I'm not real good with horizontal count but it looks like that should play in nicely to the positive. Only negative is the RS column of O's and the current market condition. If already long, you could wait for a new signal. With the current chart, I'd wait for a new signal to add any new positions. Just my thoughts Later Preston