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Strategies & Market Trends : Point and Figure Charting

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To: Bwe who wrote (8771)	10/18/1998 11:20:00 AM
From: iGregor	Read Replies (3) of 34811

Here's a two-part question for anyone: (1) Has the NYSE BP reversed up, yet? (2) How is the "Daily % Change" column on the DWA "Sector BP" page to be interpreted? Is it an incremental (day to day) change? Or is it an accumulation of all daily changes since the prior Tuesday's update? I noticed the NYSE BP "Daily % Change" was 5% as of Thursday PM and 3% as of Friday PM. Does this mean there was an increase of 5% + 3% =8% in the NYSE BP during Thursday & Friday (and therefore a reversal to Xs)? Or does this mean that the cumulative daily increase, which was 5% as of Thursday, actually declined to 3% on Friday (doubtful)? Bueller? Bueller? Bueller? Anyone...? Thanks, East

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