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Strategies & Market Trends : Point and Figure Charting

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To: OX who wrote (25706)	5/22/2002 11:45:02 PM
From: Bwe	Read Replies (2) of 34808

Bulls: 53.1% Bears: 30.6% Chartcraft Commentary: "Bullish Advisors were up slightly to 53.1%, while the Bears were up to 30.6%. Readings have been bouncing back and forth the last few weeks. Still is on the Negative side. We are still on Defense here. Advisors have been too Bullish for too Long. Prior to the three weeks in September last year when we had more Bears we had a record streak of 153 weeks with more Bulls than Bears. The current weeks reading is the 33rd week in a Row with more Bulls than Bears, so for the last 186 weeks, 183 have seen more Bulls than Bears." My feeling: It's going to take a lot longer than people think before the masses are going to be able to make money in the market.

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