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

To: Allan Harris who wrote (197)	1/29/1998 7:49:00 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 34811

Hi Allan What the hell is the BPOTC???? And YES!!! when sectors and stocks turn into a column of X's you bet there bullish!!! Jerry

To: Allan Harris who wrote (197)	1/29/1998 9:13:00 PM
From: Ms. X	Read Replies (1) \| Respond to of 34811

Hi Allan, By the way your analysis of Gold was exactly right. Great job. You are learning very quickly. The BPOTC reversing up is often a precurser to the NYSE bullish percent reversing up. When we get a buy signal obviously that is a stronger signal than simply a reversal up. Compare it to this, relative strength. When a stocks relative strength reverses up, we know it is positioning itself to outperform the market. This is a very positive sign for the stock. Same for bullish percents and for sectors. Buy signals confirm you have a bull, reversals up tell you the bull may be coming. See? We still want to be cautious but the OTC reversing up tells us the bullish percent may be reversing up soon. Jan