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


To: Judy who wrote (7662)9/23/1998 6:20:00 PM
From: Ms. X  Read Replies (3) | Respond to of 34810
 
Judy I'll take a look tonight after the charts generate. Probably so :-)



To: Judy who wrote (7662)9/23/1998 9:54:00 PM
From: Ms. X  Respond to of 34810
 
Judy: PFE, IBM, DELL

PFE:
Excellent triple top break today. Can buy here or on pullbacks to 100.
RS positive and on a buy
Momentums
Daily Positive
Weekly Positive
Monthly Positive at 161.572
Vertical count: 151

110 -------X ----O X O X O X O -----------------------------
108 X 5 X O 6 O X O X
106 X O O X 7 8 X O X
104 X O X O X O X <--Spread triple top break.
102 X X O O X O X X X
100 ---4 O X ----------------O X O X O X --X O X -----------
99 X O X O X O X O X O X O X
98 X O X O O X O X O X O X
97 X X O O X O X O X O X
96 X O X O X O X O X O X
95 X O X ------------------------O X O X O X O -------------
94 X O X O X O O
93 X O O X
92 X 9

IBM:
Has been very strong.Can buy here and on pullbacks. Stop of 118 for trades.
110 for longs.
RS positive and on a buy.
Momentums negative, crosspoints listed below
Daily 135.119
Weekly 134.776
Monthly (information I have is wrong I think)
Vertical count: 142

140 ----* -----------------------------------
138 X *
136 X O *
134 X O X *
132 X O X O * X <--Double top break today.
130 - --X O X O X * --------X --X -----------
128 O X 8 X O X O * X O X
126 O X O X O X O * X X O X Med
124 O O O O X O X O X
122 O X X O X O X
120 - ------------O X O X O * O -------------
118 O X O X * <--Stop for trades
116 O X O *
114 O X *
112 * 9 *
110 --------* --* ----------------<--Stop for longs.

Dell:
What can you say about Dell? I'd say buy on a pullback to 60/61
but Dell tends to just go up. I see no reason why it shouldn't.
RS positive and on a buy.
Momentums
Daily Positive
Weekly Positive at 65.507
Monthly Positive at 138.773
Vertical Count: 74 (for now).

65 -------------- ? <--Spread double top
64 X X <--Todays movement
63 X O X
62 X O X
61 X O X <--Triple top break last week
60 ---------------X O ----X --X --X ----------
59 X O X O X O X
58 O X O X O X O X
57 O X O X X O X O X Med
56 O X X X O X O X O X O
55 O X O X O X --X O X O X O X --------------
54 O X O X O X O X O X O X O X
53 O O X 8 X O X O X O O
52 O X O X O O X
51 O O X O X
50 --------O ------O X ----------------------
49 9 X
48 O X
47 O
46