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


To: Lucretius who wrote (2782)5/4/1998 11:18:00 AM
From: Ms. X  Respond to of 34811
 
The market never ceases to amaze me.
The NYSE BP hasn't reversed yet as you know. Prior to last October, the Optional BP reversed as did the NYSE BP and then they reversed back up again. It was after that, the market dropped over 500 pts right after the NYSE BP reversed down again.

The thing is, no two corrections are the same. Economics, politics everything is different each time. The only one thing consistent is the NYSE Bullish percent is over the 70% mark.

Warren Buffet is just on saying "I wouldn't call it a bubble, I'd say people are just very enthusiastic". Is this politically correct talk we are hearing????