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Strategies & Market Trends : Point & Figure - Beginners (Real Green) -- Ignore unavailable to you. Want to Upgrade?

To: steve wong who wrote (233)	2/15/1999 9:27:00 PM
From: wizzards wine	Read Replies (1) \| Respond to of 322

Yes Steve, the reverse is often quite accurate...looking at the sector and the NYSEBP...the higher the reversal the better...breaking RS from X's to O's and a reversal down in the sector is good... ie if the sector is 70ish or there abouts and reverses down...very good...50ish and reversing down ,ok but we want a negative trend and RS... DB's then TB's and then QB's "quad bottoms"...double , triple and Quad in that order...breaking these bottoms...is good for shorting... Hope this helps!!!!! Later Preston