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

To: Ms. X who wrote (6104)	8/21/1998 6:20:00 AM
From: Riskmgmt	Read Replies (1) \| Respond to of 34811

Jan, Re: your intel post. Please excuse my ignorance as I am trying to learn P & F. Are you saying that breaking a triple top is bearish and that intel is heading lower towards the $80 mark? I understand once you get ooooo you are in a downtrend and don't go long. Is this correct or do I need to re-read Toms stuff? Ray

To: Ms. X who wrote (6104)	8/21/1998 12:56:00 PM
From: wizzards wine	Respond to of 34811

Morning Jan, Your traders stop of 83 for INTC was triggered, first sell signal in a nice uptrend and with the sector having just reversed up into X's... Perhaps a play,TDT of course on monday... Don't much like the Fed increasing the amount of currency in print for the Y2K problem, just does not show great confidence in the fixes being in place...thier figuring on 70 million Americans pulling out $450 for the Y2K time period...thus they are upping the 20's and 50's to have thier version of enough money for people who may go to ATM's that may not work... Katy bar the door, there's likely more fallout in the near term... Later Preston