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Strategies & Market Trends : Point and Figure Charting

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To: Jerry Olson who wrote (7046)9/9/1998 8:10:00 PM
From: Dennis J.  Read Replies (1) of 34811
 
Whatever it is, I'm feelin' all the bumps. Sold most of my call positions Friday and added some puts. Had Excedrin headache number 58 all day Monday. However, am a bit better now, as I like to think I can at least get the direction right.

This afternoon's market was a bit ugly, making your Dow target of about 6500 plausible. That's down another 20% or so. Will it happen this month or next?

Anyway, I hope the BPOPTI reversal up yesterday doesn't create any false expectations. It's going to take a lot more than Greenspan thinking out loud to move this market higher. Of course, just my opinion, and I could be wrong.

Thanks for all your input to this thread.
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