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: Tigress who wrote (10114)	11/23/1998 10:27:00 PM
From: wizzards wine	Respond to of 34811

Evening Tiger, BKS is Rs buy in o's as you stated, I do not like breaking either the BRL OR BSL by only on point,,,this one followed the BRL DOWN... not good and lower tops...avoid for now... KM Broke the BRL by 2 boxes to 16.5, but the RS is sell and in O's, and just reversed back down...trading at between the mid and top of the trading bands...RS in O's ...look else where or let it develope... It has reversed up form a low of 9.0 in 1996, low in 1997 of 10 and a low 1998 of 11... The all time high is 20, and the PO is 28 with the count off the bottom...with resistance at 18-18.5 and 19.5-20... RS is negative sector is at 56%, I like KM but it's kind of funkie here... With the market at ALL TIME highs, HOW much further can one expect the risr to go????? Hope I helped, this crazy ness is irrational IMHO...PE's are TOO high Now!!!! Later Preston watching the P&F indicators, LIKE A HAWK!!!!!!!!!!!!