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Strategies & Market Trends : Point and Figure Charting

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To: Judy who wrote (12787)1/15/1999 6:35:00 PM
From: Dennis J.  Read Replies (1) of 34806
 
Judy. I saw that, and it was a good ride. Did not expect TER to have so much power left.

AIQ gave a 0-100 market sell signal on Wednesday, based on the DJIA, and NYSE volume and breadth. Many AIQ users have sold out and moved to cash based on this signal. If it is wrong, they miss a little action, but it called the top very well in July, and the bottom in mid-Oct. So I am wary of this market, and believe further topping action may be imminent.

Only acion I took was to buy AFCI Mar calls, based on a confirmed AIQ 97-1 buy signal yesterday. It was up 30% over the last three days thru yesterday. Should have bought IFMX, too. Maybe next week.

Did you check out the Sony Vaio computers yet?

Dennis
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