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


To: Ms. X who wrote (15115)3/7/1999 3:25:00 PM
From: NickSE  Read Replies (1) | Respond to of 34811
 
Ms. X,

Could you look at BKB for me.

Bearish Signal Reversed to Bullish Signal at 41, right?.

Regards,
Nick



To: Ms. X who wrote (15115)3/7/1999 3:28:00 PM
From: chartseer  Respond to of 34811
 
Gorgeous must be in the eye of the beholder.
I hate parabolic charts.
Personally I prefer a chart like INPR to that of HDI.

Then again what the heck do I know?

Chartseer



To: Ms. X who wrote (15115)3/7/1999 6:14:00 PM
From: Bwe  Read Replies (1) | Respond to of 34811
 
Jan,
Home from the Knick game and doin' some p&f. Three of the stocks you mentioned, EMC, HD, and TWX are all favorites of mine. AMGN is an old favorite and one I watch closely. Just added to an existing position in HD. I like the chart.
EMC held the Revised Bullish Support Line (RBSL) at $98 by not giving a sell signal at $96 on it's recent retreat. The stock remains on a February buy signal at $104. The price objective is $128 for those interested.
A Bullish Resistance Line (brl) could limit an impending breakout above the recent $108 highs to $116. I'll take it. A move to the $110 would be very bullish as it would break two previous tops at $108 and one at $106.
RS is bullish and as I see it, the p&f chart looks very good.

Take care,
Bruce