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

To: Judy who wrote (2847)	5/7/1998 9:05:00 PM
From: Ms. X	Respond to of 34811

This is a good thing, yes? They created gaps on the way up and now they have to fill them on the way down? How is that for a simplistic view? All I know is AMZN broke a double bottom following a lower top and has flipped all momentums negative. Great sign for my short. YHOO is in the process of creating lower tops and will break a double bottom (I hope) at 108. Monthly momentum goes negative at 112. Also great for my short. AOL I don't have a short on and I'm glad I don't. Although you know my feelings about that company. :-)