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


To: Mr. BSL who wrote (3302)6/1/1998 8:16:00 PM
From: Ms. X  Respond to of 34811
 
Baahaa!
Wasn't even thinking about it. Forgot we are in June. Lord, where did this month go???



To: Mr. BSL who wrote (3302)6/1/1998 8:32:00 PM
From: Ms. X  Respond to of 34811
 
AMZN: On the short side
AMZN recently rallied to the bearish resistance line but reversed down
today. Still looks good on the short side, if long, protect yourself.

100 --------------------------X --* ----------------------------------
99 X O X * X
98 X O X O * X O
97 X O X O * X O
96 X X X O X O X O
95 ------------------X O X O X O X O ----X O 5 ------* --------------
94 X O X O X O O X O X O X *
93 X O X O X O X O X O X X O *
92 X O X O O X O X O X O X O *
91 X O X O X O O X O X O X *
90 ------------------X O X --------O ----X ----O X O X O X O --* ----
89 X O X O X O O X O X O X <--Rallied back up
88 X X O X O X O X O X O X O to support
87 X O X X 4 O X O X X O O O X O
86 Triple Bottom break and violation and ---->* O X 6
85 --X O X O violation of the bullish support line- -* --O X O ----
84 X O X O X O X O O X O X * O X O <--reversal down today
83 X O X O O X O X O X * O X
82 X O X O X O X O X * O X
81 X O X O X O O X * O X
80 --X O X ----O ----------------------O X --* ------------O ----<--Next support level
79 X O X O X *
78 X O * O * <--Second support level.
77 O X * *



To: Mr. BSL who wrote (3302)6/1/1998 8:38:00 PM
From: Ms. X  Respond to of 34811
 
YHOO: Breaking more support.
YHOO has been a bit erratic but when push comes to shove, it breaks
support. Lots of distance between today and the next area of support.

130 ------------------------------------------------------------------
128 X X
126 X O X O X
124 X O X O X O
122 X O O 5 X O
120 ------------------------------------------X ----O X O X O --------
118 X O X O X O
116 X O X O X O
114 X O X O O X
112 X O X O X O
110 ------------------------------------------X ----O ------O X O ----
108 X O O
106 X Double Bottom 6
104 X X break today O
102 X O X O
100 --------------------------------------X O X ----------------------
99 X O X
98 X O X
97 X O X
96 X O X
95 ----------------------------------X --X O X ----------------------
94 X O X O X
93 X O X O X
92 X X O X O <--Next support
91 X O X 4
90 ----------------------X O --------X ------------------------------



To: Mr. BSL who wrote (3302)6/1/1998 8:45:00 PM
From: Ms. X  Read Replies (1) | Respond to of 34811
 
Dell: Now will you believe us?
Demand is definitely drying up.
Be careful.
100 ---------------------------------------------------------------Top
99
98 X X <--Couldn't break resistance.
97 X O X O
96 X O X O
95 ----------------------------------------------X O X O ------------
94 X X O X O
93 X O X O X O
92 X O X O X O
91 X O O X O
90 ----------------First sell signal in uptrend--> O --O ------------
89 Second Sell signal in uptrend --> O
88 Lower Top -->X
87 X O X O
86 X O X O X <--Another lower top
85 ------------------------------------------X --------O X O X O ----
84 5 O O X O
83 Third consecutive sell signal--> O X O
82 X O 6
81 Fourth consecutive sell signal today--> O
80 ------------------------------------------X ----------------O ----
79 X X O
78 X O X O
77 X O X
76 X O X
75 --------------------------------------X O X ----------------------
74 X O X
73 X O <--Next support level.
72 | X
71 | 3 X
70 --+---X O ------------------------X --X --------------------------
69 | X O X X X X O X
68 | X O X O X O X O X O X
67 | X O X O X O X X O X O Dell has a base down here.
66 | X O X O O X O X O X Could see it move into
65 --+---X O X ----O X O X --X --X 4 X ----this area.
64 | X O O X O X O X O X O X
63 | X O O X O X O X O
62 | X O X O O
61 | X O
60 --+---X ---------------------------------------------------------



To: Mr. BSL who wrote (3302)6/1/1998 8:50:00 PM
From: Ms. X  Respond to of 34811
 
CSCO: Gasp! Breaks a double bottom!
This is the first sell signal in the very nice uptrend.
RS still strong. If long you could take this signal and protect/cover.

81 X
80 ----------------------------------------------------------X O -----
79 X O
78 X O X
77 X O X O
76 X O X O
75 ----------------------------------------------------------5 O --6 -
74 X X O
73 X O X O
72 X O X
71 X X O X
70 ----------------------------------------------X --4 O X O <--Next support level
69 X O X O X <--Short term stop
68 X X O X O X
67 X O X O O <--Good support level
66 X O X
65 ------------------------------------------2 3 X ----------------* -
64 X O X * <--Long term stop.
63 X O X *
62 | X O X *
61 * | X O X *
60 ------------------C --X * --------+-------X O --------* ----------



To: Mr. BSL who wrote (3302)6/1/1998 8:55:00 PM
From: Ms. X  Read Replies (1) | Respond to of 34811
 
LU: Time to cover.
LU is in a precarious position here. It broke a spread triple bottom
today and has been making consistant lower tops. Support from here
until 66. A move to 65 would break all near term support.
A lot of room from there to 53, its next area of support.

80 ----------------------------+--------------------------------------
79 | X
78 | X O
77 | X O
76 | X O X
75 ----------------------------+-------X ----------X O X O X ---------
74 | X O X O X O X O
73 | X O X O X 5 X O X
72 | X O X O X O X O X O
71 | X O X X O X O O X O
70 ----------------------------+-------X O X --X O X O ------O --O ---
69 | X O X O X O X 6
68 | X O X O X O O
67 | X O X O
66 | X O <--Last support level
65 ----------------------------+-------4 ------in this area. A break
64 | X at 65 would be ominous.
63 | X
62 | X
61 | X
60 ----------------------------+-------X -----------------------------
59 | X
58 | X
57 | X
56 | X
55 ----------------------------+---X --X --------------------------Bot
54 | X O X
53 | X O X
52 | X 3 <--Next support level.
51 | X
50 ----------------------------+--- ---------------------------------