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Strategies & Market Trends : Point and Figure Charting

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To: Jerry Olson who wrote (19262)4/28/1999 8:09:00 PM
From: Ms. X  Read Replies (3) of 34811
 
Market update.

All indicators continued to move up this week very nicely. We still have the football no matter what CNBC says.
Buys outdid the Sells today yet again

The OTC BP reversed up this week by bringing in a powerful 10% on the week! If you look at the chart you will see it reversed back up in an area that it usually bottoms out.

So far so good. The large caps are performing. If stocks pull back to support this would be a good time to pick them up.

Now that you know the market is going the right direction, that the sector bell curve shows the market as normal not overbought; you find the stocks that look the best in the best sectors. Easy peasy.

Techs doing better than they look on TV! wink

Jan I am
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