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

To: Bwe who wrote (10022)	11/22/1998 7:52:00 PM
From: Smooth Drive	Respond to of 34809

Evening Bruce, Good post. Guess we'll see. Take care, Eric

To: Bwe who wrote (10022)	11/25/1998 6:29:00 AM
From: Bwe	Read Replies (2) \| Respond to of 34809

P&F follow up on LU: Lucent is acting very well on it's p&f chart. The stock made a higher bottom at $86 on this most recent pullback which is always a good sign. A move to $92 would be a Triple Top buy signal (also actually clearing an additional top at $90) which would be very bullish. Should that buy signal occur, the price objective would be $107. The po by horizontal count would be $104 so any way you slice it, $92 is a bullish number to look for. Support is at $86 and first resistance from the Bullish Resistance Line is at $96. Good luck to all and Happy Thanksgiving! Bruce