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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (7845)9/25/1998 1:45:00 PM
From: Ms. X   of 34809
 
I have to admit something...

"Hi my name is Jan. I'm a P&Fer and I look at the DJIA chart..."

There is a reason. I don't think I have seen a chart (save the TWX
chart at one time) with a nicer set of higher tops and higher bottoms.
Very pretty.
If it reverses back up next week it will be another higher bottom.

8200 O
8150 O X
8100 O X X O
8050 O X O X O
8000 O ----X --X O X O ---
7950 O X X O X O X O
7900 O X O X O X O X O
7850 O X O X O X O X
7800 O X O X O X O X
7750 O X O X O X O ----------------
7700 O X O X O X
7650 O X O X O X
7600 O X O X O X
7550 O X O X O
7500 O X O ---------------
7450 9


You just have to love it.

I do have to close with saying the P&F thought of the day...

"The Dow Jones and NYSE BP are not the same"

Thank you all for listening.
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