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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (11896)	12/23/1998 11:36:00 AM
From: James Strauss	Read Replies (2) of 34811

Follow The Tape, Not The News... ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Jan: I agree that several technical indicators are waving the caution flag... A/D and New Lows are turning negative... But... I'm not going to fight the tape right now... The market has disregarded the Impeachment and Iraq news and continued higher... So, it wants to go higher... I think it's relatively safe to stay long until the end of next week... Jim

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