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Strategies & Market Trends : Point and Figure Charting

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To: chartseer who wrote (10982)	12/5/1998 9:10:00 AM
From: Jerry Olson	of 34816

No need to be so bearish... i just looked at the SPX & DJIA... SPX looks a lot better... SPX is still on a buy signal, just did a 4 box reversal up...1190 res, 1195 DT buy and good bye city...BSB DJIA, is different, it has Neg MO Alert... we did however hold 8800 support, we have NOT reversed up just yet.. if we print 9050, that's a 3 box rev. and we would need to run all the way back upto 9400 to get the next buy signal... next week should tell the tale....

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