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

To: Jorj X Mckie who wrote (16784)	4/5/1999 3:42:00 PM
From: Ms. X	Read Replies (1) \| Respond to of 34811

This reversal would be expected. DRIV ran up 11 boxes to hit that resistance. It would have needed a big push of some kind to keep it going. Pulling back here is good. It needs to take a breather. Not a high pole but since the stop is way down dere you need to set your profit loss point. Not that I think it will dive, but you probably want to preserve what you have at some point. A pull back to 41 would be reasonable. A reversal up from any pullback would be the next buy point. I wouldn't have bought this without a pull back. Hope that helps honey pop. jannie EDIT: Remember the RS just flipped to X's. Isn't reflected on the chart yet. Box seats.