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Strategies & Market Trends : Point and Figure Charting

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To: Don Pueblo who wrote (14624)	2/24/1999 3:23:00 PM
From: Ms. X	Read Replies (3) of 34816

Just looking at Eric's report and in front of DWA's tonight, I see no reason to argue you. I had thought maybe a slight rally before hand but it seems that we will continue to see very narrow breadth and weakning AD. It looks as if some of the short term indicators weakened further. Plus the continuing high number in bulls amazes me. The bears did gain strength but hardly. I would say again here, the short term indicators lead us in the right direction while the DOW did not. The DOW did climb to its previous high before retracing, the Naz did not. I am always impressed when the indicators work. :-)

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