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


To: Judy who wrote (6393)8/27/1998 12:05:00 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 34810
 
Judy,
Since Jan hasn't been online...

LU has generated 2 sell signals today (broke 2 double bottoms).

Next support is at 80.

As of yesterday RS was still positive. Don't know if today's activities will effect LU' RS.

Support for CSCO is at $95. No sell signal until it breaks $95.

CSCO and LU market caps are converging; $103B and $109B.

EDIT: ASND broke through double bottom at $40. Next double bottom is $32. But it looks like the weak support from a previous high of $38 is holding for today.

Tom