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

To: Jorj X Mckie who wrote (12950)	1/22/1999 4:08:00 PM
From: Dennis J.	Read Replies (2) \| Respond to of 34811

Hi Tom. Yes, CHRZ forms a TB at 20, and that should provide some resistance. It looks like an intraday low of 19.5 was made today, which would be a break of the TB. But that's not as convincing as a close at 19.5. At some point, I might like an ITM call, say a 15 with 3-4 months. This would catch the low and any subsequent bounce. But I would then hate to see it drop to 15. So, something looking like a reversal needs to happen first. Do you still like IFMX? ORCL? Any interest in AFCI? Dennis