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Strategies & Market Trends : Point and Figure Charting

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To: John Madarasz who wrote (25720)	6/12/2002 11:26:14 PM
From: Bwe	Read Replies (1) of 34808

Getting better... Bulls: 42.9% Bears 34.7% Chartcraft Commentary: "Bullish Advisors dropped sharply from 48.9% last week to 42.9% this week, while the Bears rose to 34.7% from 31.3% a week ago. Readings much better, but big corrections often end with more Bears than Bulls and we are still not oversold. 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 36th week in a Row with more Bulls than Bears, so for the last 189 weeks, 186 have seen more Bulls than Bears."

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