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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (14751)	2/27/1999 1:27:00 PM
From: chartseer	Read Replies (1) of 34811

"Strange things are happening!" That's what I was just going to write, strange things are happening, because as you posted more buys than sells Decision Point's percentage of NYSE above their 200 DMA chart showed the the figure dropped once more below 30% to 29%. I was going to say this was very strange indeed. My own feelings have once again turned negative after a very brief short covering panic rally. The only thing bothering me right now is I m sitting with DJX puts, this is probably a sure tell indicator the the DJIA will break to new highs. Then again what the heck do I know? Chartseer

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