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

To: iGregor who wrote (4726)	7/14/1998 10:21:00 AM
From: wizzards wine	Read Replies (1) \| Respond to of 34811

Hi East Pole, Nice USWB .....RS just reciently reversed back into X's... With a stop at trend line break of 19, you've got a 26% risk of capital if you enter here. This one has been regularly pulling right back down to support. On the Up side, you have a vertical count that gives a target of 38.5 and with the RS just turning positive and on a buy signal. You could enter here or wait for the first 3 box reversal into X's showing demand comming back in.... Decisions, decisions, decisions.....too darn many..... And of course you have done your DD and checked out the FA??? Sectors in a nice position.... Balls in Your Court Just my observations Later Preston