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


To: james ball who wrote (20165)5/20/1999 11:55:00 AM
From: Augustus Gloop  Respond to of 34811
 
Nevermind...just answered my own question....looks like 8 would be the action point. However it also looks like limited upside. Can you give me some help on this one Buff?



To: james ball who wrote (20165)5/20/1999 12:47:00 PM
From: James Strauss  Read Replies (3) | Respond to of 34811
 
RMBS...

Tom:

The weekly chart shows a recent Stochastics breakout in the 20 to 30 range while the daily chart shows readings in the 80 range... This type of combination usually points to sustained up moves...
iqc.com

Jim



To: james ball who wrote (20165)5/20/1999 1:09:00 PM
From: Al Serrao  Respond to of 34811
 
Hi Tom, your right as usual. There is resistance at 90 on the 5 box chart. If we can break through we should be in good shape. By the way, fundamentals couldn't look better. Best regards.