Point and Figure Charting Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Point and Figure Charting

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ViperChick Secret Agent 006.9 who wrote (3837)	6/17/1998 5:45:00 PM
From: Ms. X	Read Replies (1) of 34820

I was just looking at the past lows on the NYSE BP. In 1996 it went as low as 46% (we are actually at 46.9% now). In 1994 it went as low as 34% and in 1990 it went as low as 18%. The biggie in '87 took it to 6%. The farther down the pike it goes, the better the rallies seem to be afterwards. Next support at 46 and then 34. The 10 week reversing and the Optional bullish percent giving a sell is pretty impressive. I'd say we may have been looking at a fools rally but only time will tell. The rest of the week should be interesting. Take care, Jan

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next