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Strategies & Market Trends : Point and Figure Charting

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To: james ball who wrote (7771)9/25/1998 8:55:00 AM
From: Lee Lichterman III  Read Replies (3) of 34809
 
>>> To: Jay Scott (7631 )
From: james ball Wednesday, Sep 23 1998 4:19PM ET
Reply # of 7682

It feels so good to act rather than react like the masses do. Other threads were confused about our offensive move and expected further down in the market. They simply don't take the time to learn. That's ok as we need them to take the other side. It takes both sides to make a market. Tom D. <<<<<

Just had to rib a little since I was one of those bears on the "other threads". Been saving this to see what happened over the next week.

Remember to use multiple indicators when trading a market like this. I value this thread and it's people on it but when things look bullish on one indicator yet the FA, stochastics and candle charts don't back it up, keep an eye out for the NYSEBP turn but trade with the intermediate lines. Tom Dietz made some good points on the Stock attack thread regarding the NYSEBP. You guys are probably right longer term but one can't be too early in this market.

Hope no one here gets hurt today

Good Luck

Lee
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