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Re: None

Sunday, 03/17/2002 11:06:21 AM

Sunday, March 17, 2002 11:06:21 AM

Post# of 3263
AIGI-a stock i own--mostly point and figure view



 

.061
.0595 *
.0580 +3/8 x *
.0565 xo *
.0549 +2/8 xo *
.0533 xo *
.0519 +1/8 xo *
.0504 xo *
.0488 8/8 xo *
.0473 xo *
.0457 7/8 xo *
.0442 xo *
.0427 6/8 xo *
.0411 x0 *
.0396 5/8 xox x x *
.0381 xoxoxo x *
.0366 4/8 xoxoxo x *
.0351 xo o o ~x *
.0335 3/8 x * o x x *
.032 x o xox *
.0305 2/8 o xox
.029 o ~xox
.0274 1/8 ox xox
.026 oxoxox
.0244 0/8 oxoxox
.023 oxoxo
.0214 o o
.0199
.0184
.0169
.0153
.0123


hope you can understand this chart-hard to show it good enough
you'll notice the high is .058--the gann's 45 degree angle was started there
monday if we break up thru .0442 it will be a bullish move[that will be thru gann's 45 degree angle-but that same spot may turn us back-since is also close to murrey's .0488 which is a strong boundary--and gann's 45 degree angle is a strong resistance--if we get on the other side of it it will be strong support]
monday to change this point and figure chart-we have to at least go as high as .0411 to continue in the "x" row [x is the bulls]
if we don't go that high or higher then we have to go lower than .0351 to start a line of "o's" downward--if that doesn't happen the chart stays the same-the bulls are still in charge--
go across .0335's line the first star you see is where that falling o triggered a sell signals--and it did surely fall
now go to the .029 line and you'll see a [~] that rising x triggered a buy and it did go up--interesting isn't it
now go to the .0351 line that [~] also shows where that x triggered a buy-yes it did go higher--if monday we hit .0411 it will trigger another buy--a strong buy because it will be breaking a triple top of .0396-check it's line to see what i mean
if you printed off this chart and knew some basis of point and figure you would find it very interesting---to change it's direction the price has to move at the least 3 price ranges--if it is in the x's already and can go higher even by one box/price than add that x and ignore it's low

i added some murrey resistance points too-i'm sure by now you have printed off what each resistance means 0/8 etc


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