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


To: Ms. X who wrote (3096)5/20/1998 2:18:00 PM
From: papi riqui  Read Replies (1) | Respond to of 34810
 
Jan,
I know you're busy with the P&F seminar, but when you have a chance, what does the oil services/driller sector look like. Many of the favorites, like FGII, VRC, MDCO, GLM, DO, CDG, etc., seem to be breaking down. Do you see any bearish signals forming?

Would be interested to know what Tom says about this sector tonite, if anything.

Thanks,
PR



To: Ms. X who wrote (3096)5/20/1998 9:23:00 PM
From: Mr. BSL  Read Replies (2) | Respond to of 34810
 
Well right about now Jan and those who could make it are partying down
in San Francisco while Rome is burning! For those of you who are
signed up on DWA, check out the individual sector bull % charts.
Now that the NYSEBP has turned, it is interesting to see if we are
going to get sector rotation or if they are all going to peel off
together. Just for fun I counted the number of sector charts that have
new red O's and compared that to the number that have new green X's.
Check it out. Clue: To count all the charts
with red O's you'll need more than all your fingers and toes.
You can count the number of sector bull % charts with green X's on your left hand if all your fingers are cut off!

Regards,

Duke