Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Berney who wrote (37993)	3/6/1999 5:26:00 PM
From: Jerry Olson	Read Replies (1) of 94695

Hello Berney just wanted to say i follow Dorsey Wright Point & Figure TA... all their indicators are on sell signals... just last Fri, one of their early warning short term indicators reversed UP...it's the Hi/Low index..it went positive, actually it did a 3 box reversal from the recent decline... all it was saying is that the markets and these other indicators "could" reverse, IF, things begin to improve... so we P&Fers, have begun to BUY some things, nothing big, ands of course with stops in place... The "BIG" indicator the NYSEBP is heading lower still, and it predicted correctly the last 3-4 crashes within 60 days of the tops... their site is www.dorseywright.com...a simple easy to understand, and wonderful way to trade these volitile markets... I already know you and Steve trade great, so it's just for your interest... the current senario is a short retrace to 1250ish SPX and then we should head higher...AG is now completely out of the rate hike equation... earnings & warnings will be the next hurdle to deal with... OJ.......

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