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Strategies & Market Trends : Point and Figure Charting

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To: ViperChick Secret Agent 006.9 who wrote (4025)	6/23/1998 7:23:00 PM
From: james ball	Read Replies (1) of 34804

Tom Dorsey, lots of new buy signals today and the Percent of 10 should reverse tomorrow. Will let you know early morning. High low still needs more new highs. We are taking out large numbers in the Mov.Avg. today and this will flatten out the curve. Still need more new highs. Option Stock Bullish Percent will gain some sponsorhsip but no reversal today. Possibly later in the week. Thing to watch for is the Dow Jones making its way to a new high with window dressing for the quarter without the NYSE Reversing up. Shades of times in the past. The Oil stocks providing lots of fuel at this time again reminding me of times in the past. Semi's, Computers and Soft will move up a couple of percent tomorrow but no reversal yet. Possibly by friday. WE keep them up daily and can let you know where they stand since they are at critical level. Tom

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