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Strategies & Market Trends : Point and Figure Charting
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To: Mr. BSL who wrote (5302)8/3/1998 12:57:00 PM
From: james ball  Read Replies (2) of 34811
 
Duke, at exactly those points but you would still have to keep short term in nature with stops on the fund as long as the NYSE Was still on Defense. If the NYSE was down to around 30% and you could see the number of sell signals beginning to stop and buy signals beginning to accumulate you could be more confident. That exact situation happened in December 1994. We went long big time on the short term indicators because the NYSE was at 32% and beginning to accumulate buy signals. Tom
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