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


To: Judy who wrote (6941)9/8/1998 4:00:00 PM
From: Al Serrao  Read Replies (1) | Respond to of 34809
 
Judy, I use NOKIA as a european proxi. So if we ( the US markets ) are turning up( as we were starting to do at the close on friday )we generally see european markets follow. Therefore, since our markets were closed yesterday, you know NOKIA had a lot of making up to do ( yesterday and today ). Therefore the outperformance today vs our telecoms. Regards and do you have a favorite leap for RMBS?



To: Judy who wrote (6941)9/8/1998 7:57:00 PM
From: Ms. X  Respond to of 34809
 
Dell chart with Split...

Back on a buy signal. Looks good here with RS positive or on pullback.

65 ------------------------+------------------------------------------
64 | X
63 | X O
62 | X O
61 | X O
60 ------------------------+-------------------------------X O ----X <--Today's action
59 | X X O X
58 | X O X O X<--Double top
57 | X O X O X X <--Good pullback for buy.
56 | X O X X X O X O X
55 ------------------------+---------------X O X O X O X --X O X O X -
54 | X O X O X O X O X O X O X
53 | X O O X 8 X O X O X O
52 | X O X O X O O X
51 | X O O X O X
50 ------------------------+---------------X --------O ------O X -----
49 | X X X 9 X
48 | X O X O 7 O X
47 | X O X O X O
46 | X O X O X
45 ------------------------+---X O --O ----X -------------------------