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


To: Ms. X who wrote (2629)4/28/1998 8:42:00 AM
From: Mr. BSL  Read Replies (1) | Respond to of 34811
 
Hi Jan. The silence before the storm! Scobey has a free page where he tracks % bullish pnf charts for the 8100 stocks he tracks. I don't think he has a track record yet so I'm leery of the info. But, it is interesting to note that he had 963 PNF reversals yesterday and 910 of them were to the downside.
scobey-point-figure.com
I've also been tracking his S&P500 %bullish numbers. It's down today to 69.36. It was in the high 70's last week. The latest numbers are
at scobey-point-figure.com. If accurate, we are talking about an over 8% drop in the %bullish for the S&P500 in one day. I get the actual S&P500 chart on Tom's site but I can't find any S&P500 %bullish charts there.

Anyway, things are turning.

Later

Duke

PS -Can any Scobey subscribers verify that his S&P500 % bullish chart moved down over 8% yesterday? My unofficial numbers show it as 78.5 on 4/24 and 69.36 this morning.

Thanks