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Strategies & Market Trends : Point and Figure Charting

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To: wizzards wine who wrote (3254)5/28/1998 5:21:00 PM
From: Bwe  Read Replies (1) of 34811
 
Hey Wizzard, pass me some wine! Hope you're well and the market treated you nicely today.

Chartcraft stuff:

Added Cone Mills (NYSE: COE) to the Investor's Intelligence portfolio.......Current Advisory Sentiment: Bulls 44.8% Bears 27.6...drop in bullish sentiment but still too few bears....Notable stocks with buying climaxes (Stock makes new 52 week high but finishes down on the week. Signs of a top and distribution)...39 total..... CXP, TWX, WPI, SGP, ROH.....Notable stocks with selling climaxes (Stock makes new 52 week low but finishes up on the week. Signs of bottoms and accumulation.)...16 total....MO, RJR, ADPT, AMP, LTR (3 tobacco stocks, hints of a bottom)

Be well,
Bruce
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