Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jerry Olson who wrote (8334)	10/7/1998 11:00:00 AM
From: wizzards wine	Read Replies (1) \| Respond to of 34811

Ok Jerry, But Remember WE HAVE JUST LOST THE BALL!!! DELL is RS Buy in X's and currently at 7.14...It would take a 7.00 to reverse to O's on the RS chart... If we connect the 40 & 41 low of June, the 47 & 48 in early and the 54 now, it forms a sort of lower Bullish Support line... This looks similar to the late August drop of 17 boxes. With the column of O's currently down to 54, I'd look for a 3 box reversal to enter at 57 with a stop loss of 53. Again remember that the NYSEBP HAS reversed down, and I'm not sure if the sector BP's have been updated yet and I went in early this morning and could not find any that had reversed down as Tom indicated... JMHO Later Preston