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Strategies & Market Trends : Point and Figure Charting
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To: Ms. X who wrote (11043)12/6/1998 9:30:00 PM
From: Jorj X Mckie  Read Replies (3) of 34816
 
Hi Jan,
Didja notice the DJIA chart? If we make a move up to 9050 we will reverse back to a column of Xs and set a higher bottom of 8900.

Assuming that the market is strong tomorrow, it looks like the S&P will have held support at 1155 and will reverse back into a column of Xs. Move to 1180 would break a DT.

Damn, A guy could get downright bullish.
Tom
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