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Strategies & Market Trends : Point and Figure Charting
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To: HighTech who wrote (22578)7/21/1999 8:45:00 PM
From: Ms. X  Read Replies (1) of 34811
 
Market gawkings.

Not much change in the indicators this week. They are down from last week but not enough in any for a reversal. More sells than buys today but the numbers for both are small.
Sectors were even on the week and the bell curve looks virtually the same.

Seems to me what we have here is a shifting of stocks. Everyone is in that wants to be in and in order to buy a stock they have to sell something to do it. We will see how this plays out in the long run.
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