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


To: The Perfect Hedge who wrote (147)1/28/1998 11:06:00 AM
From: Ms. X  Respond to of 34809
 
Hey, Glen.
We were on line but both Tom Dorsey and I were having technical difficulties. We are going to try again next week, Tuesday I believe, to see if it runs a little smoother.
Really, OSRV isn't doing anything bad. We still want to watch because most stocks, like yours, are trading below their bearish resistance line. However, I haven't seen any new sell signals come in. I think the sector has strengthend but I won't know definatly until tonight.

You see, the sector can gain support even when it SEEMS things are going poorly. This is why most people jump when they shouldn't. They didn't look at the indicators.

If you invest using P&F you have the opportunity to make sound, planned decisions. You can also see when things go against you. It is a very calm investing style. I encourage you to learn it, even now.
While you know osrv is holding, take the time to stick your nose in a P&F book and learn why it is holding steady.

The first second I see anything to worry about I will let you know. EVI is still in a column of O's and will reverse up at 42. It hasn't created a new sell signal which is good.

Hang in there.
Jan