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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Sb2k who wrote (27113)	12/12/1998 1:44:00 PM
From: Gottfried	Read Replies (1) \| Respond to of 70976

Sb2k, let me answer for Paul. You asked >Why would I sell now if the stock is going to 48.< Good question. The last top was 47 [Point&Figure charting uses whole numbers]. Now the price must go beyond the last top [to 48] before we are confident again. There is no prediction whether that will happen. Strict adherents to the PnF method would not buy before 48. This would lose them possible gains, but also reduces risk. The sell signal was given when price hit 41 going down. [it went lower than a previous bottom] If you're interested in the method, there is an introduction 204.232.40.6 and a free program to try pipeline.com Gottfried