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Strategies & Market Trends : Point and Figure Charting

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To: heidi s who wrote (10628)	12/2/1998 10:42:00 AM
From: Ms. X	Read Replies (1) of 34809

Moring All. Indicator update. Today's action may very well reverse the 10 week into O's. This would indicate a short term pullback with the market. The NYSE BP and OPTI as well as the other short term indicators are still in X's and doing fine. All are down on the week but the bigguns aren't anywhere close to reversing down. Short term pullback doesn't mean we pull up stakes, pack the tent, hitch the dogs and sell the children. It means manage your trades and let the stocks come to you. If stocks reverse RS negative, certainly pay attention to that little bit of news. It is a good idea to have a list of those "damn I wish I had bought those when I could have" stocks. They may come back to you. And just in time for Christmas! Take care, have fun Jan I am

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