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


To: Mr. BSL who wrote (7414)9/17/1998 11:24:00 AM
From: Ronald J. Clark  Respond to of 34811
 
Duke60

Thanks again for the additional information. I'll be paying attention!

Ron Clark



To: Mr. BSL who wrote (7414)9/17/1998 11:28:00 AM
From: Ms. X  Read Replies (1) | Respond to of 34811
 
Nasdaq is the same thing..

Notice the push and pull and who is winning.

1820 X O X O X O X O X O X O
1810 X O O X O X O X O X O X
1800-X ------------O X --X --X --------O X O X O X O X O -------------
1790 O X O X O X O X O X O X O X O
1780 O X O X O X O X O O O X O
1770 O X O X O X O X * O O
1760 O X O X O X O * O
1750---------------O --6 --O X --------------* --------O -------------
1740 O X * O
1730 O X * O
1720 O * O
1710 * O
1700-------------------------------* ------------------O -------------
1690 * O X <--Second double top buy
1680 * O X X
1670 * O X O X
1660 O X O X
1650---------------------------------------------------O ----X O X ---
1640 O X O X
1630 O X O X
1620 O X X O X
1610 O X O X O X
1600---------------------------------------------------O X O X O X ---
1590 O X O X O X
1580 O X O X O X
1570 O X O X O <--Next support level.
1560 O X O X
1550---------------------------------------------------O X O ---Much higher bottoms
1540 O X
1530 O X
1520 O X
1510 O X
1500---------------------------------------------------O X -----------
1490 O X
1480 Low at beginning of September--> 9