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

To: buckshot who wrote (15570)3/12/1999 11:01:00 AM
From: J.B.C.  Respond to of 34811
 
Doesn't look like it.

Jim



To: buckshot who wrote (15570)3/12/1999 11:30:00 AM
From: papi riqui  Respond to of 34811
 
buck,

WHX is trading below its Bearish Resistance Line in a Bear Confirmed sector with RS in Os (has been on a sell signal since 10/25/94). It's trend chart completed a Bearish Triangle on 02/02/99 which is not good. It would need to print 10 just to reverse into Xs, at least 12 to show any real sign of reversing and 12.5 to break the BSL. All-in-all, not a pretty picture.

Jan, if you're listening, feel free to correct me or to add anything.

PR


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