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Strategies & Market Trends : Point and Figure Charting

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To: OX who wrote (25576)11/28/2001 7:57:16 PM
From: Bwe  Read Replies (2) of 34802
 
Bulls: 46%
Bears: 27%
Correction: 27%

Chartcraft commentary:

"Bullish Advisors were down a little to 46%, while the Bears slipped to 27%, the same level for the Correction number. SENTIMENT is SLIGHTLY NEGATIVE. nervous for us with too many thinking we have already seen the low. Same thing you hear on CNBC. Our near term outlook is still for higher near term prices with a potential Top January or February next year, followed by a lower market after that. Our indicators are just starting to become Overbought."
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