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

To: Ms. X who wrote (20766)	6/2/1999 2:40:00 PM
From: Riskmgmt	Read Replies (2) \| Respond to of 34811

Re:Until the NYSE BP turns it is offence with conservative plays. That is what I thought but wanted to check. Conservative is writing covered calls and only going long on strong stocks on pullbacks-right? I am really enjoying my membership in the P & F at least I feel I have a compass and some fellow traveler/adventurers to share the journey with. Ray

To: Ms. X who wrote (20766)	6/2/1999 5:43:00 PM
From: John Post	Read Replies (1) \| Respond to of 34811

Hi Princes Jan, Someone was talking here about finding triangles as they shape up...this sounded interesting and so I've been looking. ONXX is in its fourth column of a triangle formation and sitting on its BLSL at 7. Of course we don't know yet if it will be a bullish or bearish triangle. Could you help me in reading ONXX. I think the BLSL would indicate a stop at just under 6.5, so the risk can be very limited...but I can't figure out the PO. I don't know which column of X's is the one to use. I would like your read please. Thanks, John