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

To: robin 187 who wrote (11491)	12/15/1998 6:48:00 AM
From: wizzards wine	Read Replies (1) \| Respond to of 34811

Morning Robin, DIS is RS sell in O's still and at 3.5ish needing 4.00 even to reverse back into X's...The sector is a 42ish and DIS will reverse down at 30...With all indicators but the NYSEBP having turned down at this time, I'd hold off on this one... CPQ is RS BUY in X's ...17 boxes straight off of the bottom, very top of the trading band and poor risk to reward ratio here...A pullback to the mid 30's would give you a better entry point at set up a trading stop point... Hope that helps... Later Preston