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

To: Jeff Jordan who wrote (23769)	9/23/1999 1:19:00 PM
From: Tommy Dorsey	Read Replies (1) \| Respond to of 34811

Jeff I'm getting a connection fail when it hit your url you gave me. Help. I'l be there if i can get in. Tom

To: Jeff Jordan who wrote (23769)	9/23/1999 6:55:00 PM
From: Ms. X	Read Replies (2) \| Respond to of 34811

Market update: The Dow Jones broke major support today and it has broken through the bearish resistance line earlier this week. The Dow may rally but with its current position a rally could be setting up a larger move down. A spread triple bottom break at 10400 today was the boo boo. You know already the indicators with the exception of the OPTI have been negative so this or rather these moves in the Dow and underlying market shouldn't be of any surprise. The NYSE BP has support at 42 and the OPTI at 40/42. Either breaking those support levels wouldn't be good news for the market. Don't try and guess the bottom here. No use doing it. It's OK to be out of the market and taking a vacation like I suspect most of you have been doing for a couple of months now. This is good to have it move down like this, gives us nice opportunities later. Take care, Jan I am