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


To: Augustus Gloop who wrote (21355)6/16/1999 9:23:00 PM
From: Ms. X  Read Replies (1) | Respond to of 34811
 
Market update.

The indicators all moved down this week by a fairly good amount.
The NYSE BP by 1.4%
The OPTI BP by 2.7%
The 10 week by 8.5%
The High Low by 5.5%

Quite a bit for one week.

Today we saw 26 new buys and 22 new sells. Not much difference.

The internet sector for instance only moved up .56 percent today. I know you are going to ask "how can that be? The nets rallied like crazy..." Yes, that is true but, they did not create buy signals. They are still on sell signals and that counts against them. Until they can be bought past a previous area of resistance, therefore creating a buy signal, they are still suspicious. You can trade them if you are nimble but do be careful.
This is the type of thing that in the past has fooled some people.

Jan I am



To: Augustus Gloop who wrote (21355)6/16/1999 9:26:00 PM
From: Diana  Read Replies (2) | Respond to of 34811
 
OT OT OT

Nas,

The majority of these "diseases" that our little ones get are really allergies. It's Spring and all sorts of fungi, molds, pollens, etc etc are wafting about. Would also explain your concurrent affliction. Remember we can develop allergies suddenly even if we haven't had trouble before. I didn't know that allergies can look like colds rather than like hay fever.

(For example, I used to get terrible "colds" a day or two after I mowed. Looked like a cold, felt like a cold, but it kept occurring after the mowing . . . but enough after that it took a very long time for me to figure it out.)