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


To: Al Serrao who wrote (21194)6/12/1999 3:05:00 PM
From: wizzards wine  Read Replies (1) | Respond to of 34811
 
Hi Al...Bear Confirmed would take first a reversal into O's on the NYSEBP and then it must drop below the previous column of O's at 40 to 38% to generate a Bear Confirmed signal...

I for one will be taking shelter on the reversal into O's and not waiting for the long drop to 38%

Hope that helps...

Later

Preston



To: Al Serrao who wrote (21194)6/13/1999 12:16:00 PM
From: Ms. X  Read Replies (1) | Respond to of 34811
 
I think the NYSE BP is still 2% away from reversing down. It was far closer to reversing down last week, if my calculations are correct.

The internet sector reversed down again.