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Strategies & Market Trends : Point and Figure Charting
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To: Ms. X who wrote (22711)7/29/1999 5:42:00 AM
From: Dave Shares  Read Replies (1) of 34810
 
Dear Jan,

On your chart of the semis, I believe the actual bear alert signal
would have occurred when 70% was crossed, prior to that, the column
of Os would be bull correction. I only say this because I had
asked Tammy about this a couple of weeks ago when Semis first reversed.

And by the way, you had previously brought an excellent analysis to the thread on the historical cycles of the semis. It clearly is a
good time to be very careful about what one buys.

Thanks and best wishes always,

David
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