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Strategies & Market Trends : Point and Figure Charting

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To: Mr. BSL who wrote (3099)	5/21/1998 6:42:00 AM
From: Bwe	Read Replies (2) of 34811

You're so right, Duke. NYSEBP moved down another box to 64% and there are still too many bulls and too few bears: Investor's Intelligence Survey of Advisors 5/20/98 Bullish: 47.5% Bears: 25% Correction: 27.5% Chartcraft points out that indicators, though still negative short term, are not nearly at oversold levels. Also, all 22 Broad Industry Sector changes were to the downside week to week. Oil Service moved to Bear Correction status. Mylan Labs gave a new RS buy this week. I miss all the thread regulars. I hope the seminar is going well. Raise a glass for absent friends. Bruce

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