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

To: Al Serrao who wrote (3330)	6/2/1998 11:37:00 AM
From: Ms. X	Read Replies (1) \| Respond to of 34811

Hi Al, Pep has been doing great. 37 is the wake up call and the second double bottom break. If it moved to 45 and did a triple top buy during this down cycle, I'd be more than impressed. Take care, Jan

To: Al Serrao who wrote (3330)	6/2/1998 12:04:00 PM
From: Dennis J.	Read Replies (1) \| Respond to of 34811

...look at PEP run... Hi, Al, I was long some APR 42 1/2 calls on a service recommendation. It had just made a new high at 44 something. Guess what: news of a potato shortage! Stock dropped 5 points, and calls dropped off the radar. Then, like magic, no more potato shortage. Good luck with PEP. Remember, lots of the bottom line comes from the chips, not the soda. I do think its a strong stock, running well above its support line on P&F chart, but last signal was a double bottom sell. Now in col of x's, so may be good opportunity to add stock, but not a conventional P&F signal 'til 45, which would be a nice 3-pt breakout. Dennis