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


To: Tommy Dorsey who wrote (20945)6/8/1999 10:20:00 PM
From: james ball  Read Replies (1) | Respond to of 34811
 
Hey, how was the AAII talk? j



To: Tommy Dorsey who wrote (20945)6/8/1999 11:00:00 PM
From: Dave Shares  Read Replies (2) | Respond to of 34811
 
Tom,

I am a novice P&F chart reader, but in looking at the NDX chart, I can't help but notice that every buy signal given since NDX set its record has resulted in a lower column of Xs than the previous column of Xs where a buy signal was given.

To my novice eye, that doesn't bode well unless that pattern gets broken with two consecutive increasing column of Xs.

David



To: Tommy Dorsey who wrote (20945)6/8/1999 11:26:00 PM
From: zoya  Read Replies (3) | Respond to of 34811
 
TOM, today's talk at AAII was wonderful.Thank you.
i was hoping to buy your book today at the talk but was disappointed .i guess i will go to one of the bookstores tomorrow.



To: Tommy Dorsey who wrote (20945)6/9/1999 12:10:00 PM
From: James Strauss  Read Replies (1) | Respond to of 34811
 
Jim where has everyone been. Rates have been rising since
February 4 when the Dow JOnes 20 Bond Avg. Gave a sell signal.
Rates are up 102 basis points from there already. This rate stuff
is old news to this thread. Lets see where the BP comes in
tomorrow. t


Tom:

You know what they say... Everybody's got to be someplace... : >

Had the St. Louis FED Chairman been reading this thread he'd be taking this 6.0% bond rate in stride... : >

The internets are hanging in there today and moving closer to crossing that 50 day MA to the upside...

Jim