Point and Figure Charting Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Point and Figure Charting

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jorj X Mckie who wrote (20704)	6/1/1999 6:23:00 PM
From: Ms. X	Read Replies (1) of 34811

This sell signal with the DJBB means the inflation and higher interest rate worries are not over. We were hoping the DJBB would hold and maybe create a double top buy but nooooooo... So, still waiting for the Feds to take action. As Tommy said it would probably take two rate hikes to really hit the market. Maybe they won't do two, maybe they will. Alan hasn't called me lately. Remember when we were looking at the DJBB as the one glimmer of hope (aside from the NYSE BP) that in the midst of all other indicators being negative might be a positive for the market... That glimmer fizzled out today. Now if the NYSE BP turns negative we have some serious issues. This does put us on even more alert.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next