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

To: Sam Quentin who wrote (10729)	12/2/1998 10:02:00 PM
From: Ms. X	Read Replies (1) \| Respond to of 34824

Hi Sam, I know ASTN must look impressive today, but you can see by the chart it has some work to do. Can't give a PO because it hasn't given a buy signal yet. The stock has been trading down along with the brl. Until it gives a buy signal to break this trend I'd avoid for now. JMHO yadda yadda. 4.25 \| O \| X * 4.00 \| O X ----------------\| ----X O * ----Continuous lower tops right 3.75 \| O X O \| 3 O X * along the brl. 3.50 \| O X O --------------\| X --X O X O X --------<--Needs to break 3.25 \| O X O \| X O X O X O X O X double top here 3.00 \| O X O --------------\| X O X 4 X O X O X O C <--Today's action 2.75 \| 4 X O \| X O O 6 X 7 X O X 2.50 \| O --5 --------------\| X --------O X 8 --O X ------------ 2.25 \| 7 \| X O O X 2.00 \| ----O X --X --X --X \| 2 -- 9 X -------- Top 1.75 \| O X O X O X O C O X O X 1.50 \| ----O X O X O X O X O X ----------------O X ------------ 1.25 \| O 8 X A O X 1 A Med 1.00 \| --------O ------B --\| ----------------------------------