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

To: Jerry Olson who wrote (23025)	8/11/1999 9:50:00 PM
From: James Strauss	Read Replies (1) \| Respond to of 34824

please keep us up to date on the McOss...i would like to know when it reaches 0 from below...thanks... OJ: The McClellan Summation Index has a good correlation with the Primary market trend... decisionpoint.com Right now it's saying that the Primary trend is down... The -995 reading is testing a double bottom off a prior double top... This would be the place to attempt a rally/recovery... A failure here would be reflective of the Dow breaking 10,400 support... A turnaround here could push the Dow past 11,000 again... The regular McClellan Index is -150 now coming off a V bottom... The next few days will give us a better idea of its direction... Jim