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Strategies & Market Trends : Point and Figure Charting

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To: OX who wrote (25558)9/19/2001 12:28:46 PM
From: Bwe  Read Replies (1) of 34802
 
Bulls: 35.7%
Bears: 37.6%
Correction: 26.7%

Chartcraft commentary:

Bullish Advisors moved down to 35.7% from 39.6% last time, while the Bears were up to 37.6% from 36.5% last week. This is the first time we have seen more Bears than Bulls since September-October 1998 and that was a Major Buying Opportunity. We have now worked off the exceptionally low number of Bears we saw on July 20th with the Dow 1,635 points lower. Sentiment is now bullish.
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