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


To: wizzards wine who wrote (5021)7/22/1998 7:35:00 PM
From: Mr. BSL  Respond to of 34811
 
Hi Preston. Looks like it will be this weekend before I get to massage your data. True - CA was "flat" for 26 weeks. But, some of the best runs come from a stock that builds a long base like CA. Look at some of the tremendous gains that come off of big horizontal counts.
STK, which is in the VLPNF20, is giving huge warning signs. This is (was) a very strong stock by all accounts, but it let P&F'ers get out above the sell point of 39 today.
BTW, our rules are that it stays in until it hits the BSL or goes into an RS column of O's, or gets downgraded by VL. Not likely to go negative RS soon since it added an RS X yesterday. This will be a good one to watch for future reference.

Later my friend.

duke60