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


To: ViperChick Secret Agent 006.9 who wrote (2651)4/28/1998 8:59:00 PM
From: Ms. X  Respond to of 34822
 
Lisa,
Guesstamates don't work here. Last time we were down 700pts I think off the high. We are already down 200pts from the current high (is that right?)
I wouldn't be right on a guess but it is down a good bit.

If the NYSE doesn't reverse and the Opti reverses back up, we are just buying time for it to reverse down. The point is, everything is extended, supply has taken control and we need to keep our eyes open.

Never that I know of has the Opti reversed and the NYSE hasn't.

I should post both charts.

Jan



To: ViperChick Secret Agent 006.9 who wrote (2651)4/28/1998 9:06:00 PM
From: Ms. X  Respond to of 34822
 
To all:

If you subscribe to DWA look under "From the Analyst". Given are Tom's comments on the market for the day or week.

Also, I have it on high authority, they will be starting their own "post" thread similar in thought to SI. Not as savvy I imagine, but they will work on it. For those lovin' the P&F, here is a chance to talk to industry professionals. Ohh, ahhh.

Jan I am