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


To: chartseer who wrote (13511)2/3/1999 9:53:00 PM
From: Challo Jeregy  Read Replies (1) | Respond to of 34811
 
Chartseer,

I see that all three of those guys were up nicely today.

SLB has a RS buy w/ pos mom. An upgrade 1-29, and moving w/good vol.

HAL has a RS sell w/neg mom, but followed SLB. Had both an upgrade and downgrade on Monday. In P&F, needs to hit 40 to break the current BRL.
(Not sure if I'm reading that one right <G>)
Alert shows RS just turned to O's, but mom just turned pos!

BHI has a RS sell w/ pos mom. Needs to hit 25-28 to break BRL.
I have a particular aversion to BHI due to substantial loss that I took on it<G>. Don't mean this as far as the company goes, but as far as stock movement, BHI is a follower.

SLB is definitely the way to go in the oil patch, IMO. I think it can stand on its own. But will still fluctuate with the others. Just not as much.

I'm still watching.
BWDIK. (notice, I will keep repeating that <G>)