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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (20899)6/8/1999 7:19:00 AM
From: Tommy Dorsey  Read Replies (1) | Respond to of 34811
 
Yes NYSE BP still remains on offense but it is not bounding ahead. Seems like it when the Dow rises but it ain't forging ahead. Caution flag out as long as Option BP remains in O's. Option BP nowhere near reversal. Yes timely rec.on Japan. Thanks to Time Magazine and P&F Mutual Funds. T



To: James Strauss who wrote (20899)6/8/1999 1:30:00 PM
From: James Strauss  Read Replies (1) | Respond to of 34811
 
IBM...

Note the definitive "Stair Step" pattern as IBM moved higher...
equities2.barchart.com

Also note the predictability of future gains after the multi (X) top breakouts...

PnF made it very clear to see this Bullish pattern...

Jim