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Strategies & Market Trends : Point and Figure Charting

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To: wizzards wine who wrote (15565)3/13/1999 4:37:00 PM
From: Jerry Olson  Read Replies (1) of 34811
 
Hi Wizzie....

things are looking a little overbought to me...i;m thinking since it;s opp exp. week..might be a good time to unload anything that's sorta not good???<g>...

we should be coming down from high poles inseveral indexs...SPX-BKX-DJIA..all look overextended to me...look at the 50% retracements numbers..from these levels not bad at all...SPX around 1260-65, DJIA 9600 or so...

nothing earth shattering but it's eveident right here and now...In fact 10K could be the cataylist<sp>......

anyway i'm very bullish right here....hope your well..

regards, the Juiceman......
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