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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: SE who wrote (14964)2/7/1999 2:34:00 PM
From: Jerry Olson  Read Replies (1) of 44573
 
SE

if you go to Point & Figure Charting Thread...check with James Ball(Tom Dorsey), or anyone else there...they will give you the exact numbers...or click on my name and then click on that thread...

in Apr-May of 98 the NYSEBP reversed to O's from the top...it then gave a sell signal in July, you know what happened then right??? this indicator is right on guy..no ifs, and, or buts...

then last week the DJBB the 20 Bond index went to a sell signal, it might be foretelling much higher interest rates coming...

all in all a negative out look for the near term...as I said I think we rally again right from here, but we should sell all rallies...i doubt if we hit new highs...
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