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

To: Judy who wrote (5056)	7/23/1998 4:55:00 PM
From: Michael Rich	Read Replies (2) \| Respond to of 34811

"cheap stocks will get cheaper and expensive stocks will get more expensive" Wow Judy, it has to be the quote of the day! I am writing this down on my wall ... I think TT and I are doomed :) Take care.

To: Judy who wrote (5056)	7/24/1998 6:57:00 PM
From: Ms. X	Read Replies (2) \| Respond to of 34811

CMGI Judy, all momentums are positive and the RS is gaining strength. Already on a buy signal, it moved up another two boxes just recently. Just broke a double bottom today but looks like it will reverse back up tomorrow. If entering positions, I would then use 74 as the stop loss. 91 X 90 ------------X O ----- 89 X O 88 X O 87 X O X 86 X O X O 85 ------------X O X O - 84 X O X O 83 X X O X O 82 X O X O X O 81 X O X O X O 80 X O ----X O --O - 79 X O X O ?<--Could be tomorrows action. 78 X O X O ? 77 X O X O ? 76 7 O X O ? 75 X O ----X ----O - 74 X O X <--If so, use this as stop 73 X O X 72 X O X X 71 X O X O X 70 X O X O X ------- 69 X O X O X 68 X O X O X 67 X O X O X 66 X O X O X 65 X --X O X O X ------- 64 X O X O X O X 63 X O X O X O X 62 X O X O O <--If not, support way down here :-( 61 X O 60 X -------------------