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

To: wizzards wine who wrote (2621)	4/27/1998 10:12:00 AM
From: superdow	Read Replies (2) \| Respond to of 34810

market is down sharply this morning...if this keeps up how long will it take to have a reversal on the nyse bullish percent indicator I wonder when is the indicator updated on dorsey right homepage? I think its updated weekly, right? One bad thing about that, is that a correction could be over before the we get word of the reversal. perhaps i'm missing the signifcance of the nyse bullish percent. Is it more predictive of major corrections 15 - 25 percent and bear markets than say the 5 to 12 percent corrections more common in the last two years?