Point and Figure Charting Message Board

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Strategies & Market Trends : Point and Figure Charting

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To: Margaret Mateer who wrote (7232)	9/14/1998 1:22:00 AM
From: feewaybill	Read Replies (2) of 34811

On DWA main page click on "indices" then click on "commodity" its DJBB. Its about to break a double top which means bonds will go lower?? I'm not sure. Maybe Tom can help us if we get the break of the double top??......Bruce <Dow Jones 20 Bond Average: A long-term bond indicator which helps us weigh the advantages of holding interest rate-bearing securities. This average is plotted on a point and figure chart with a box size of .20. The average moves slow and does not often give signals, but when they occur, we pay attention. A sell signal, which is given when a column of Os exceeds a previous column of Os, suggests that rates are about to rise. The opposite holds for buy signals.>

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