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Strategies & Market Trends : Point and Figure Charting

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To: james ball who wrote (11462)	12/15/1998 1:22:00 AM
From: Smooth Drive	Read Replies (1) of 34809

Hello Tom, >>Chartseer market looks ahead 18 months. The decline from April to Sep was probably in anticipation of the impeachment. When Kennedy died the market declined for one day and then it was off to the races. If the market is to go to defense here which all short term indicators have already and the NYSE is close at hand, then it probably will be something off in the future we have not considered yet that the Bullish PErcent has. Remember in 1990 October, Greenspan came out and told the public that we were in a recession. Right at the exact bottom of the market. THe Bullish PErcent figured that out in Oct. 1989 with the defensive move when reversing from above 70% to below. Tom<< I had to reprint it. Maybe one of your top 10 (I print and keep the best ones so I know). Rest assured that a great many of us prize your contributions. Take care, Eric

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