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

To: the options strategist who wrote (10152)	11/24/1998 9:27:00 PM
From: Ms. X	Read Replies (2) \| Respond to of 34811

Hi Jen, I see MRK made it to the 160 box and closed at 158ish. This isn't even a reversal but I would expect (maybe even hope) for some kind of pullback. It is up past the top of its trading band. This is not to say it will you realize, it just would give us some sort of base to go from. The closest support level is way down at 130. All that being said - MRK looks very strong. The RS just today reversed into X's and this is as you know by now, excellent. When is the split due?