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

To: XOsDaWAY2GO who wrote (2352)	4/15/1998 2:14:00 PM
From: wizzards wine	Respond to of 34811

Ih Barbara, Looked at OPMRF is RS buy in X's and last double top buy was 1-29 and we have had three consecutive 14.5's and rising bottoms. A move to 15 would would give you a new double top buy. On a horizontal count, I believe that you count the columns and then use the multiple for the range, ie 10 to 20 is multiplied by .5 so 5 columns times .5 = 5 plus the lowest column value in the range which is 11 for 5 + 11= 16.5, however you are well above the bullish support line down at 4.5 Sector is a bull correction at 46 so your in a good playing field but this one has really been running. Make sure to do your DD. Just my thoughts Later Preston