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

To: Judy who wrote (11391)	12/11/1998 7:36:00 PM
From: Anthony Wong	Read Replies (1) \| Respond to of 34811

Judy & thread, please take a read at EDS's P&F, FA at a pivotal stage, just snatched Dick Brown, highly respected CEO of Cable & Wireless of UK, as its new Chairman and CEO. Looks as if the stock is breaking out. I don't own the stock, but have watched it for years. Never bought because it had not been executing well. New EDS chief gets warm reception from Street news.com C&W Chief Brown Seen Bringing Vision to EDS: Profile (Update1) news.com FOCUS-C&W<CW.L> shares fall as EDS poaches moneynet.com@NEWS-P2&Index=0&HeadlineURL=../News/NewsHeadlines.asp&DISABLE_FORM=&NAVSVC=News\Company NEWSMAKER-C&W's <CW.L> Dick Brown moneynet.com@NEWS-P2&Index=1&HeadlineURL=../News/NewsHeadlines.asp&DISABLE_FORM=&NAVSVC=News\Company

To: Judy who wrote (11391)	12/11/1998 8:03:00 PM
From: Dennis J.	Read Replies (1) \| Respond to of 34811

Thanks for your comments. I missed the last two hours of the market today, and my chance to exit GE. Have we seen the lows for this correction, or is another down-wave likely next week? CMGI buy signal was generated by an AIQ AI canned program, incorporating a large number of "rules". The main ones that triggered the buy signal included a declining rate-of-change in the ema, suggesting a reversal soon; a 21-day new low with a non-confirmation in on-balance-volume plus a positive phase indicator. The stochastic had declined to 10% suggesting oversold in this market. The signal was confirmed on 12/5 with a higher price. Regards, Dennis