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

To: Rich1 who wrote (19770)	5/10/1999 10:35:00 PM
From: feewaybill	Read Replies (1) \| Respond to of 34811

Hi Rich1 FWIW, SPRI is in the computer sector which is presently Bull Confirmed and under 50 which is good. However RS is on Sell and in O's so as you know its under performing the DJ-30. It's also below its Bullish Support Line. Piffer's like to buy stock with RS in X's trading above their BSL. You could play SPRI as a short term trade back to its Bearish Resistance Line (see CAMP). I get a Price Objective of $9.25. I'd keep a tight stop in case it reverses back down. Jan or Tammy can give you a better opinion.........................Bruce