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


To: John Post who wrote (8138)10/1/1998 10:14:00 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 34811
 
Hi John,
RIG looks very nice. Higher highs, higher lows. Stop loss at $30. Still under BRL. RIG has the nicest chart of any of the oil services that I have looked at.

RMBS, broke a triple bottom today. Next support at the BSL ($56). Might wait for a bit more of a pullback.

DELL, broke a double bottom, support at $56.

CSCO is a special case and I don't set stop losses since I don't sell it and I am limited in the types of protection that I can use (I am an employee).
Tom