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

To: Ms. X who wrote (5473)	8/6/1998 7:44:00 AM
From: Mr. BSL	Read Replies (3) \| Respond to of 34811

Hi Jan. Great updates as usual. You are the chief P&F correspondent reporting from the front. We hear the rockets wizzing past your helmet. Speaking of Wiz, he picked a good time for a vacation. Hope he sets his alarm clock to Bull Alert for when the time comes. The time won't come today. Forty four Value Line 1 & 2 stocks gave sell signals yesterday, zero gave buy signals. The big guns are starting to falter. Three weeks ago the percentage of Value line 1 & 2 stocks on a P&F buy was over 70% per my VL 1 & 2 Portfolio. This morning the percent is 28.78%. This is not a tried and true indicator that anyone should hang their helmet on but it does tell me that the higher quality higher cap stocks are definately weakening. Take care

To: Ms. X who wrote (5473)	8/6/1998 7:47:00 AM
From: Giordano Bruno	Read Replies (2) \| Respond to of 34811

Morning Jan, the CNBC interviewer in question is Bob. His guest this morning freely admitted he had no clue where the market was going, he had been wrong before, no buy or sell recommendations, just could not commit. This profound knowledge was graciously received by Bob, they got along famously.

To: Ms. X who wrote (5473)	8/6/1998 9:57:00 AM
From: The Phoenix	Respond to of 34811

I'm only off $1. MRVC is at bottom. It's not going much lower if any at all. THis company is trading a two times revenues, delivered a profit last quarter, has solid channels, and is developing next generation terrabit routers. At 26.4M shares of float this company is very tightly held so a few sellers (moving to security?) will cause the stock to move. I'm confident that the upside far outweighs the downside...cuz there just isn't much downside left. Uh...I hope :O Have a great weekend Jan, Tom, and everyone else. I'm out of pocket until Tuesday. Let's see a rally while I'm gone!!! Gary