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


To: wizzards wine who wrote (19734)5/9/1999 5:40:00 AM
From: Dennis J.  Respond to of 34824
 
Way low!!!? So, looking at the p&f for diamonds (DIA), you would expect a double bottom break at 96 (9600 DJIA) and then support at 91?

Seems reasonable, if a break at 96. And that IS a long way down from 11,000, about 19% down.

Perhaps a DB hold at 97, which would be a correction of 14%.

OT Sorry to hear your trip was scrubbed for a while.

Dennis