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

To: Judy who wrote (10797)	12/3/1998 1:54:00 PM
From: The Jedi	Read Replies (1) \| Respond to of 34811

I have been watching the move, and if the momentum is strong there is still lot of space till 405 (the old high) for SOX to move (another 55 points). Eyeballing the weekly chart shows the sox to be in a wide channel of 200 points. Each of the last 2 moves from bottom to top it took approx a year 110 to 300 and 140 to 400. This one from 180 should take us to 500 in a similar time frame, ofcourse with pauses in between for weeks. That means there is still a lot left of the expected move. Kiri