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

To: Ms. X who wrote (22908)	8/4/1999 2:01:00 PM
From: Augustus Gloop	Read Replies (1) \| Respond to of 34804

Great chart X! Damn what a great mind to have on our side.

To: Ms. X who wrote (22908)	8/4/1999 2:06:00 PM
From: faqsnlojiks	Respond to of 34804

Hey Jan, Thank you very much for that. That's so easy to see now. I really appreciate your presence here. -Joe

To: Ms. X who wrote (22908)	8/4/1999 2:22:00 PM
From: Riskmgmt	Respond to of 34804

Jan: Many thanks for your "alerts" and for posting the chart. You are like a beacon in a stormy sea. regards, Ray

To: Ms. X who wrote (22908)	8/4/1999 4:05:00 PM
From: Paul V.	Read Replies (1) \| Respond to of 34804

Jan,This is one of the lowest reading the NYSE BP has ever accomplished. The other lower times were in: September 1974 @ 6%, April 1980 @ 14% and October 1987 @ 6%. Tom, I believe, had posted the BP for the New York Stock Exchange since 1974 a couple years ago. I keep it in my folder so I have a perspective as to the previous lows. It sure helped me in buying during the SEMI up cycle in relation to the bottoms. What is interesting is how seldom that the nyse gets into the sub 30% level. Contrast these narrow swings and the swings of most sectors against the SEMI's, Biogenic and Internet stock it is like skiing the bunny slopes against the black diamond slopes.<g> When the nyse does get into the sub 30% an excellent buying opportunity occurs, IMO. Paul