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

To: ViperChick Secret Agent 006.9 who wrote (8905)	10/22/1998 1:05:00 AM
From: Ms. X	Read Replies (1) \| Respond to of 34808

RS changes are very important. It immediately for me, takes the stock off the buy list and on to hold. If it breaks down and I own it long, I cover, insure, light candles and take up religion. Dell hasn't been around as long as Cisco. That is why its RS has always been positive. It could reverse back up and create a buy signal or it could poop out. RS on a buy or sell signal confirms the trend. If Dell broke down on its trend chart, I wouldn't wait for a sell signal on its RS chart before doing something about it. By the way, Dell has such a long pole on its RS chart that if it gave a sell signal by way of RS, the stock would be a teenager and on its way to infancy. I don't see it. Go night night. Me too :-)