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Strategies & Market Trends : TradersChoice 2000
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To: Jeff Jordan who wrote (315)10/2/1999 3:08:00 PM
From: Dave Shares  Read Replies (1) of 604
 
Jeff,

LU broke its Point and Figure support this week for the first time since last October, and for only the second time since at least early 1997.

Interestingly enough, the last time this happened was within a week of the final bottom of the 1998 correction.

What happens from here is anyone's guess, but thought I'd share that here.

Be well,

David
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