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

To: Ms. X who wrote (4364)	7/3/1998 12:44:00 AM
From: XOsDaWAY2GO	Respond to of 34811

If a stock has a bullish catapult and then breaks a double top, wouldn't the new formation, the double top, be the description at the head of the DWA chart? The GNK chart is giving me lots of lessons! \| -------------------------------- 4.75 O \| * \| X Top 4.50 ------O --------X \| --* ----------------\| --------------X --7 ------------ 4.25 O X O X X * \| X O X 4.00 ------O X ------C O X O X O 4 * --------\| --------------X O X ------------ 3.75 O X O X X O X O 3 O X O * \| 6 X O 3.50 ------O X O X O X O X 2 X O X O --* X --\| --X --X --X O X --* ------------ 3.25 O B X O X O X O X O 5 X X O \| X O X O X O X * Med 3.00 ----------O X O --1 --O ------7 X O B O \| --X O X O X O * ---------- 2.75 O \| O X O X O 1 4 O 5 X * 2.50 ------------------+-----------8 A O X C X O X --* O * -------------------- 2.25 \| O X O O X O X * * 2.00 ------------------+-----------O X ----O \| 2 * ---------------