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

To: Hardline who wrote (11451)	12/15/1998 8:00:00 AM
From: wizzards wine	Respond to of 34811

Morning Hardline, If we look at SGP we've got a current price of 53.56 with a PO on the last vertical count of 59 and a stop of 51 for a 3:1 reward to risk ratio...and it's RS in X's :-) ADAC on the other hand is currently at 24.5 with resistance at 30 ish and a stop at 22... and it's RS is in O's...Yes the PO on a vertical count is 47, but on this one I'd be happy to pull out at 30ish and that is a 2:1 reward to risk ratio... With the RS in X's ...I kind of like your Santa stocking stuffer :-) a little better... Just my feeble thoughts <<<gg>>> Later Preston

To: Hardline who wrote (11451)	12/15/1998 10:50:00 AM
From: Ms. X	Read Replies (2) \| Respond to of 34811

Hardline, I missed this question. Sorry. This brings up a question. If you want to buy a stock, do you prefer a stock that is close to its BSL like ADAC or well above it like SGP? To answer your question I would need to know who you were buying the stock for. For instance, if you were buying for a retiree I'd buy SGP and would avoid anything like ADAC. If you were buying for a 25 year old with no dependants etc, I'd put the money on something like ADAC. If you were buying for someone in between, a little of both. See the difference? Jan I am