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

To: Judy who wrote (5692)	8/11/1998 12:53:00 PM
From: The Jedi	Read Replies (1) \| Respond to of 34811

Why CCI it has not hit its 200day yet. Kiri

To: Judy who wrote (5692)	8/11/1998 1:02:00 PM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 34811

Just bought ASND. Strong support at $46 (BSL). Seems like a no brainer with Oct anticipation coming. Do you have a short-term target for RMBS? I got in this morning before the market ran it up. Assuming that general market weakness hindered full run, it looks like $67 (Double top) is a good target (I have Aug ITM calls). Tom

To: Judy who wrote (5692)	8/12/1998 12:10:00 AM
From: Ms. X	Read Replies (2) \| Respond to of 34811

Judy, PFE hit our hedge point when it moved to 100 today. Broke another double bottom. RS still strong and it is above its trend line. Just breaking near term support. Next support at 97. 120---------------------------X --------------X - <--resistance 118 X O X X O 116 X O X O X O 114 X O X O X X X O 112 X O O X O X O X O Med 110 --------------------------X ----O X O X O X O -- 108 X 5 X O 6 O X 8 106 X O O X 7 O 104 X O X O 102 X X O O 100 ----------------------4 O X ----------------O <--Second double bottom. 99 X O X O 98 X O X O 97 X X O ? <--Next support 96 X O X ? <--Next double bottom. 95----- --------------X O X ------------------------ 94 X O X 93 X O Bot CCI just reversed its RS to O's. Not good for long term picture. Banks have been weakening for some time. Just broke the bullish support line and a spread triple bottom. Also very bearish sign. Verical count gives it 116 which is where support is as well (112-114) 184 182 X * 180 -X O ----------------X * ---------- 178 X O X O * 176 X O X O * 174 X O X O * 172 X O X O * 170 -X O ----------------X O X ---Lower tops. 168 X O X O X O 166 X O X O X O 164 X O X O X 8 162 X O X O O 160 -X O ----------------X ----O <--Double bottom break 158 X O X X X O X 156 X O X O 6 O X 7 O X O 154 X O 5 X O X O X O X O X O 152 X O X O X O X O X O X O O 150 -X O X O X O X O X O ----------O -- 148 X O O X O O X O 146 4 O O * O <--Breaks BSL 144 X * O<--Spread triple bottom break 142 X * O 140 ----------------------* ---------- 138 *