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Strategies & Market Trends : Point and Figure Charting

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To: james ball who wrote (13491)2/3/1999 1:53:00 PM
From: leslie jo  Read Replies (1) of 34809
 
I understand bear confirmed. If it is already in a bear alert status, and hits a sell signal, then it is bear confirmed. However, was it originally in a bear alert status? On January 26, the chart on the DWA site stated it was a bull correction...

My understanding is bear alert occurs when there is a reversal from above the 70% mark? Were we not in bull alert when we moved from beneath the 30% in October? Then the buy signal would have put us in bull confirmed. Moving from O's into that would put us in a bull correction phase...

What in the world am I missing????

LJ
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