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

To: stockycd who wrote (22923)8/4/1999 9:45:00 PM
From: wizzards wine  Read Replies (1) | Respond to of 34808
 
Hi Chris...If Tommy posted that the NYSEBP reversed Down....it was FACT!!!

We follow our P&F indicators, and let the outside noise pass...if we can :-)

Later

Preston



To: stockycd who wrote (22923)8/5/1999 10:20:00 AM
From: Ms. X  Read Replies (2) | Respond to of 34808
 
Stockyard,

The NYSE BP is the signal. We have short term indicators that reversed down weeks and weeks ago that told us that the NYSE BP may turn down as well. That makes the NYSE BP the confirmation.

It does give additional sell signals but just a reversal to O's tells us that the market is going down.

Take care,

Jan I am


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