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Strategies & Market Trends : Point and Figure Charting

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To: chartseer who wrote (14755)2/27/1999 2:12:00 PM
From: Jerry Olson  Read Replies (2) of 34811
 
CS

i just looked at the SPX-OEX etc...look at the OEX, do you see a bearish triangle forming right here right now?????

also look at the charts of INTC-KLIC-AMAT...low poles, with a possible 50% retrace, that should be shorted imo...these stocks are going much much lower...the SOX i'll bet runs back up to 375 and dies on the vine, and so will the BPSEMI reverse down again......

all the indexs look like their rolling over and down...

CS i just became a major bear......hehehe.....yes we may rally back up again, but i would bet it will resolve itself to the downside large....as a friend reminded me today in a PM...does this look like Aug 98???????

yes it do!!!!!!!! staying the course....hmmm for now<g>.......
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