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


To: feewaybill who wrote (4600)7/10/1998 11:41:00 PM
From: John Post  Read Replies (1) | Respond to of 34811
 
Yep, I was late getting in to work today, but I left early to make up for it. ;-) Thank you Bruce for the pointer and for the chartcraft readings. I am really keeping an eye on FON...as I am long. Their service is certainly popular in this area (Baltimore/Washington).

- It was sure nice to see FON hit 75 today!!! Triple top...one more little X and we have a triple top break!

Hey Jan, you there? You da lady!

John



To: feewaybill who wrote (4600)7/12/1998 3:03:00 AM
From: XOsDaWAY2GO  Read Replies (1) | Respond to of 34811
 
In analyzing the MINI chart, I see it has a RS Buy in a column of X's, and it has
a triple top. At first I thought it was a bullish shakeout, but it didn't break
the third top. Since it broke 2 double bottoms, if it comes back to the 12 area,
would it become a double top? I'm not clear on whether the two double bottoms
would make it start a new top and thus become a double top rather than a quad top.
12.5 | |
12.0 ------------------+---X --X --X ----------------------------------------
11.5 | X O X O 5 O
11.0 ------------------+---4 O X O X O ---------------------------------- Med
10.5 | X O O X O
10.0 ------------------+---X ----O --O --------------------------------------
9.5 | X O
9.0 ------------------+---3 --------6 --------------------------------------
8.5 | X 7
8.0 ------------------+---X -------------------------------------------- Bot
7.5 | X
7.0 ------------------+---2 ------------------------------------------------
6.5 | X
6.0 ------------------+---X ------------------------------------------------
5.5 | A
5.0 ------------------+---X ------------------------------------------------
4.75 | 7

Jan, how do you type ON these charts? You are a wonder worker woman!

Barbara