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: The Perfect Hedge who wrote (10134)	11/24/1998 2:23:00 PM
From: wizzards wine	Respond to of 34811

Hi Beebs, CDNW is RS sell in O's at 1.47 and needs a 1.75 to reverse up into X's... I did break through the BRL at 13, ran to the top of its trading range at 16.5 ... it gave a PO of 14.5 from the first count off the bottom and made 16.5, not bad...but now its doing the triangle thingie with lower tops and even to higher bottoms. The BSL is down at 10 and it now trading in the mid high range...the first buy signal is a DTB at 15 and first sign of trouble is a DBS at 11.5... It's close to RS flipping back to X's at 15.5 to 16 with the market at 9300... For me, I'd let it play out and give the next signal before making a decision. JMHO Preston