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Strategies & Market Trends : Point and Figure Charting

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To: Gottfried who wrote (8841)	10/20/1998 5:03:00 PM
From: iGregor	Read Replies (1) of 34809

Hi all. Compared to recent NYSEBP reversals (May, Sept & Oct) there seems to be a decided lack of fanfare w/r last Friday's reversal on the DWA site. Not a red letter banner to be found. Maybe tomorrow, eh? I'm puzzled whether this recent hiccup might be an aberration, or a harbinger of "curiouser and curiouser" things to come in this market. FWIW, I noticed that the Scobey site, which updates their version of NYSEBP daily and generally tracks fairly closely with DWA, does NOT show the recent (Oct 6) reversal to Os and back (Oct 16) to Xs at all! Anyone know whether Chartcraft might still be looking for Dow 7200 or worse by year end? East

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