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To: marcher who wrote (18721)1/22/1999 7:49:00 PM
From: chartseer  Read Replies (2) | Respond to of 53068
 
Hi Marc!

Looks more like a big W double bottom to me. Nice chart with some reservations. In point and figure charting this stock is what we call below the BRL (Bearish Resistance Line) or down trend line. The BRL is at 49 in next column of Xs. As this stock bases or moves side ways this BRL could be pierced easier as it moves a point lower in each successive column. Then there is the market and it's momentum.

Just my biased opinion and I could very well be wrong,

Chartseer