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Strategies & Market Trends : Point and Figure Charting

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To: Les H who wrote (8542)10/9/1998 7:35:00 AM
From: Mr. BSL  Read Replies (1) of 34811
 
Great info Les. NYSE advances beat decliners by about 4 to 1 yesterday with the DOW basically unchanged. Check out the advance/decline line on the general markets page in IBD. Looks like we have shifted from negative at a decreasing rate to negative at an increasing rate. Nice inflection point starting at Wednesday's close. Eventually the NYSEBP will tell us when it is safe to come out of the woods again.
FWIW, Dick
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