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

To: Tammy DeRosier who wrote (20347)	5/27/1999 10:40:00 PM
From: James C. Mc Gowan	Respond to of 34811

Tammy: thanks for you interpretation on FHS; I'm holding now, but watching to see if it can hold above what I think is important short term support at 17.0; I'll watch for the RS to reverse; I guess a reversal from the last negative RS signal going back to May,1996 would be a big deal. Regards James

To: Tammy DeRosier who wrote (20347)	6/6/1999 2:34:00 PM
From: James C. Mc Gowan	Read Replies (1) \| Respond to of 34811

Tammy: Friday(6/4) FHS shows two notices on the "Activity" box on the website; first a "Technical Breakout-Buy" and second, a "Weekly Momentum Reversal to Negative". I understand that the weekly momo is based upon your proprietary calculations. For a cheap seats user, what relative significance should one place upon apparently conflicting signals generated on the same day. I did see that interday price ranged from high of 20 1/16(generating the technical breakout) down to 18 11/16, closing at 19 1/16. Support at 17 and 1/2? Help. Thanks James