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


To: Ms. X who wrote (23536)9/3/1999 9:10:00 PM
From: Ms. X  Read Replies (2) | Respond to of 34809
 
Market update...

First an apology. I have been reporting that the 10 week had reversed down when in fact it hadn't. I don't know why but I guess I just had that info stuck in my little pea brain and didn't see the X's right in front of me...

So, damnit... it's like this.

The short term indicators are ALL positive and the NYSE BP is still negative. This keeps our short term plan the same.

As for today, no real changes to the indicators occurred and the NYSE BP didn't move at all today. No change, not even a smidge to the upside. This doesn't surprise me but some who are new this may surprise especially after a big move in the Dow. I wrote earlier to someone regarding that issue and refer to that post for an answer.

The High Low index moved up a little saving itself from a near reversal down. The OPTI moved up less than a % point.

Today was pretty much a non event with the indicators. Next week should be interesting.

Same plan. Buy with stops only strong stocks that have been performing well.



To: Ms. X who wrote (23536)9/3/1999 9:23:00 PM
From: OX  Respond to of 34809
 
Thanks for the read!

Yes, its had quite the move in under 2 years.
The last 3 months especially.