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


To: Hardline who wrote (6537)8/31/1998 12:28:00 PM
From: wizzards wine  Read Replies (3) | Respond to of 34811
 
A little UPDATE on these DELL CSCO MSFT INTC ASND LU EMC MRK

At meaning the low thus far for the day and where the lowest box would be placed thus far today...

DB = Double Bottom
DBS = Double Bottom Sell
BSL = Bullish Support Line
TL = Trend Line

DELL at 106 a DB will occur at 104 and a DBS at 102

CSCO at 85 a DBS and the BSL trend line is at 81

MSFT at 100 a DBS

INTC at 74 below TL and falling, next support at 70

ASND at 36 DBS below TL and falling

LU at 73 BSL at 70

EMC at 45 Violated BSL at 48

MRK at 121 DB at 122 and will get a DBS at 120 TL at 106

This is not looking good at all, good luck with what ever your decisions are in the following days...

What a time to begin a contest, many will be down greatly today...

Later

Preston