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

To: Ditchdigger who wrote (8911)	10/22/1998 8:24:00 AM
From: Ms. X	Read Replies (1) \| Respond to of 34808

Any before market trading/info?

To: Ditchdigger who wrote (8911)	10/22/1998 9:03:00 AM
From: Ms. X	Read Replies (2) \| Respond to of 34808

DJIA update. Dow finally pulled back after breaking a double, spread triple and the bearish resistance line. Several areas it could pull back to. Either support or previous resistance areas. Or, it could reverse back up from here and give another buy signal. No danger in the chart at this point. 750-O X O X ----O --------X --------* -------------------------------- 8700 O X O O X X O * 8650 O X O X O X O *X X*<--Hit resistance 8600 O O X O X X O X O X O 8550 O X O X O X O X O * X O 8500-------------O X O X O X O X O ------------* --------------X O --- 8450 O X O X O X O X O * X O <--Pulled back yesterday 8400 O O X O O X O * X 8350 * O O O * X <--Support 8300 * O * X 8250-------* --------------------O ----------------------* ----X ----- 8200 * O * X 8150 * O X X * X <--previous resistance 8100 * O X X O X O X 8050 O X O X O X O X X <--previous resistance 8000-----------------------------O ----X --X O X O X O ----X O X ----- 7950 O X X O X O X O X O X O X 7900 O X O X O X O X O O X O <--Support 7850 O X O X O X O X O X X 7800 O X O X O X O X O X O X 7750-----------------------------O X O X O X O ------O X O X --------- 7700 O X O X O X O X O X 7650 O X O X O X O X O X * 7600 O X O X O X A X O X * <--Violation of trend line 7550 O X O X O O O X * 7500-----------------------------O X O ------------------O * --------- 7450 9 * 7400 <--Break of September Lows.