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Strategies & Market Trends : Point and Figure Charting

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To: Zeev Hed who wrote (21073)6/11/1999 12:19:00 AM
From: Ms. X  Read Replies (1) of 34811
 
The market is very selective right now Zeev. As long as the OPTI is negative we can expect this. Unless we see the 10 week or High Low reverse up, I'd say the indecisiveness will continue. I do believe thought that initial positions can be taken in some of the techs, semi's in particular, that will provide very nice trades. A lot of support being created. On the Piff charts, some stocks are providing some positive interest.
This will probably be as you say a rally and I'll agree with that as long as the NYSE BP doesn't reverse down. I'll be more bullish if we can get the short term indicators to reverse positive. At this writing they are not close.

Jan I am
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