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

To: Ms. X who wrote (15112)	3/7/1999 2:01:00 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 34811

Sure use me and abuse me......hehehe...i love it??? but i cannot take the credit for those 2 picks... IT WAS A DWA IDEA GENERATOR!!!!!!!!!!!! hahahahaha.....gottcha!!!!! actually Janie i was watching GTW because when i bought DELL a couple of times, Judy said why???, or better, why NOT GTW????....ha!!! I like LU-LU too..setting up for a big pop.... i looked at all the BP's today...just some "advanced thoughts"... Take it easy Tommy...sheesh!

To: Ms. X who wrote (15112)	3/7/1999 2:07:00 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 34811

i was looking at BPOPTI looks like it's at support.... other look like their near/close bottom levels..BPOTC etc....

To: Ms. X who wrote (15112)	3/7/1999 2:51:00 PM
From: contax	Read Replies (1) \| Respond to of 34811

Hi Jan, Gotta tell ya, you and OJ have really got me into P&F!!! Thanx to both of you and of course Tom and all the other great folks on this thread! So now all I am doing is trying to read them charts and think JBL looks pretty good to me. Looks like it could be getting ready to break a quadruple top. To my untrained eye, if JBL prints 35, then they could be off to the races...No? Some JBL background, 'cause good charts are GREAT charts if fundamentals are there to back it up! Jabil Circuits completed a Secondary offering on Friday @ $30, having come down to that price from $39.50 which it established in January. They also went through a 2 fer split last month. Their sector, the Electronic Contract Manufacturing is hotter than a pistol and they are announcing earnings on March 16th. Now you know earnings gotta be good for them to be a able to complete a secondary of 10.5 million shares 10 days before the announcement!?! So could you please take a quick look at their chart and tell me if I am on the right track? THANX! Regards, Karim

To: Ms. X who wrote (15112)	3/7/1999 3:11:00 PM
From: Ben Antanaitis	Read Replies (2) \| Respond to of 34811

Jan, LU appears to be a good case of getting very mixed signals on a pattern as the price oscillates across a 'Traditional/Chartcraft' scaled p&f chart 'breakpoint' vs a fixed scaled or log scaled p&f chart. LU has bounced back and forth over the $100 point for a while now. Looking at the LU chart, allowing the scale to change on each $100 point crossing, you can get the bullish pattern you mention to OJ. BUT, now bear with me here, now take another look at 'the chart' but use a 'fixed' box size of either $2/box or $3/box. Whoa! Big difference. Now you have a bearish triangle that has had it's initial downside column and an X retracement that failed to cross the centerline of the triangle and it is now in a new column of O's on it's way down. You also get this bearish pattern on a 2%log chart. To me that's 3 out of 4 votes indicate further downside prices for LU. Tom, if you can tear away from the Las Vegas Nascar race ;-) now in it's first yellow flag, how would you call this LU situation (or situations where a pattern has developed smack dab over one of the chart break points? Ben A. ez-pnf.com