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

To: The Perfect Hedge who wrote (5275)	8/1/1998 8:18:00 PM
From: wizzards wine	Respond to of 34811

Hi Beebs, Yes, very much enjoying the lovely weather in BH...looking at ACTN via P&F ...RS sell currently in X's, the sector is Bear confirmed in O's at 32 and about where it has reversed up several times before, it gave a double top buy on 7-15 and then reversed down 66% of the last gain..at this point, your stop loss would be 25 for a double bottom sell. This one would be great if the sector would reverse up, probally go up nicely also. The trend has just turned positive with the Double Top on 7-15 and the Break of the BRL previously at 36. In the current market, I'd much prefer to get into this one after the sector just turned up...but cant say when it will... Hope that helps, just my thoughts. Later Preston, in West Hollywood relaxing