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

To: wizzards wine who wrote (2366)	4/15/1998 5:30:00 PM
From: Dennis J.	Read Replies (2) \| Respond to of 34813

Chart on INTC raises questions. Today INTC hit 79 1/8 and closed at 74 3/4. Do we plot intraday moves? Did it form a double top at 79, then reverse to column of o's? Re your note of higher highs and lower lows, you don't see this when you plot weekly highs and lows (AIQ lets you plot daily or weekly charts). The weekly is negative and in a column of o's, having broke a double bottom at 75 on 4/10. Preston, thanks for your note on price targets (msg #2322). I calculated a target of 71 for AFCI (current 43), but did I do it correctly? Thanks. Dennis