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

To: OX who wrote (25563)	9/27/2001 12:04:53 PM
From: Bwe	Respond to of 34802

Technical analyst Ralph Bloch and Chartcraft commentary: "Also, the I.I. figures improved, and I tell you that there is usually a one-two week lag in reporting this data. So, next week will be the first time that it will show response to the 14-1/4% drop. I’d love to see bulls below 30% and bears over 50% or real close to that level." Ralph Bloch "Sentiment showed more Bears than Bulls for the second week in a row. Improvement in over optimism we had been seeing for a long time. Keep in mind, however, that BEAR MARKETS end with Bears in the 55%+ level, and we are nowhere near that level." Chartcraft