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

To: Sam Quentin who wrote (17047)	4/8/1999 10:56:00 PM
From: Ms. X	Read Replies (2) \| Respond to of 34809

When looking at internets on the DWA site, always check the 5 box chart. If one isn't available, email jay@dorseywright.com and he will add one. RNWK will probably reverse up on its chart today extended from the probably bottom created at 192. This sets your stop way down there. On the 5 box, it just reverses up three boxes with the stop of 190. This makes them pretty much the same and in this case, use the 190. If you are willing to bet the boat and you like the stock fundamentally, the RS is in X's. Just keep in mind how low the stop is. AMEN, I'd expect a pullback here at 16 or at 17.5 where the BRL is. Wait for the pullback. Trend is negative and RS is in O's. The trend chart does look good but get it on a pullback around 14.5. Follow the chart. Jan I am