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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Logain Ablar who wrote (10624)	12/22/1999 11:10:00 AM
From: Allan Harris	Respond to of 15132

On a P&F front the three short term indicators are in column's of O's (supply in demand and the last short term indicator reversed to 0's last week) That's bullish Tim, means we're closer to a BUY then a SELL. Sentiment as represented by the Internet forums I frequent is turning quite negative. There is a prevalent and complacent January Sell-off theory suggesting a wholesale dumping of appreciated stock after the 1st. Although the logic is appealing, I can't believe that such a widespread belief among market participants will play out exactly as anticipated. Maybe the sell-off comes later in the new year, after everyone is convinced that it's just not going to happen at all. Speaking of which, as suggested earlier, Terry has turned Bullish, before Allan turned Bearish: Dec 21 Close A new Accumulation Low was confirmed on the close today. This is usually bullish for the market over a 6 to 12 week period. Details will follow in the next update. Site: ttheory.com A