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

To: Stoctrash who wrote (14889)	3/3/1999 12:08:00 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 34811

Well Fredrick.....ahem!!! as an expert P&Fer...that I am... let me explain to you the grasshopper, whippersnapper, response...:>} if BRCM prints 63 today, a highly unlikely event, but it may happen, then it will negate the 53 number because it's in a col. of XXXXX's... comprende???, now if it does NOT print 63, 53 would be BAD!!!!!!!because it would reverse to a column of OOOOOOOOO's...can't reverse to another column till the action point of that column is not hit, and the stock reverses at least 3 boxes... now on the other hand.........:>} oh forget it!!!!!!! in fact 53, it would be VERY bad.....HA!