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

To: superdow who wrote (3177)	5/26/1998 10:38:00 PM
From: Ms. X	Read Replies (4) \| Respond to of 34811

SECTOR STATUS AS OF 5/22 Tomorrow will have a reading including todays activities. Indicators: BPNYSE -2.7 O BPOPTI -4.1 O BPOTC -3.0 X BPAMEX -1.8 X Sectors in X's: (sorted by those closest to reversing first) %gain/loss current reverses Sector on week status column reading at Forest Prods/Paper -3.7 Bull Confirmed X 66.7 66 Chemicals -2.5 Bear Correction X 59 58 Machinery and Tools -2.7 Bull Confirmed X 63.1 62 Leisure -0.8 Bull Confirmed X 48.6 46 Restaurants 0.4 Bull Confirmed X 60 56 Protection Safety Eq -2.1 Bull Confirmed X 54.2 50 Precious Metals -1.7 Bull Confirmed X 43.1 38 Biomedics/Genetics 0.7 Bull Confirmed X 46.7 40 Steel/Iron 0.0 Bull Alert X 58.10 52 Textiles / Apparel 0.0 Bear Correction X 63.2 56 Sectors in O's: Aerospace/Airlines -4.5 Bear Alert O Autos & Parts -0.9 Bear Confirmed O Banks -2.7 Bear Confirmed O Building -2.1 Bear Alert O Business Products -6.3 Bull Correction O Computers -3.4 Bull Correction O Drugs -1.4 Bull Correction O Electronics -3.4 Bear Confirmed O Utilities / Electri -1.2 Bull Confirmed O Finance -2.4 Bear Confirmed O Foods Beverages/Soap 0.5 Bull Correction O Gaming 0.0 Bull Correction O Utilities / Gas -3.7 Bull Confirmed O Healthcare -3.6 Bull Correction O Household Goods -0.8 Bear Alert O Insurance 1.2 Bear Confirmed O Latin America -3.9 Bear Confirmed O Media -1.6 Bear Alert O Metals Non Ferrous -5.1 Bear Confirmed O Oil -3.6 Bear Confirmed O Oil Service -6.3 Bull Correction O Real Estate -1.3 Bear Confirmed O Retailing -1.2 Bear Alert O Savings & Loans -1.3 Bear Confirmed O Semiconductors -8.9 Bear Confirmed O Software -3.0 Bull Correction O Telephone -4.2 Bull Correction O Transports / Non Air -1.0 Bear Confirmed O Wall Street -7.8 Bear Confirmed O Waste Management 2.1 Bull Correction O

To: superdow who wrote (3177)	5/26/1998 10:57:00 PM
From: Ms. X	Respond to of 34811

LU: Starting to feel the heat... Series of lower tops and a recent double bottom break. It has set itself up for a triple bottom break at 69. Support at 66 then down to 52. Weekly momentum negative. Daily within a hairsbreath of being negative. Consider hedging on the triple bottom break. 79\| X 78\| X O 77\| X O 76\| X O X 75+-------X ----------X O X O X ---------------- 74\| X O X O X O X O 73\| X O X O X 5 X O X 72\| X O X O X O X O X O 71\| X O X X O X O O X O 70+-------X O X --X O X O ------O --O ------ Med 69\| X O X O X O X ? <--Possible triple bottom break. 68\| X O X O X O 67\| X O X O 66\| X O 65+-------4 ------------------------------------ 64\| X 63\| X 62\| X 61\| X 60+-------X ------------------------------------ 59\| X 58\| X 57\| X 56\| X 55+---X --X ------------------------------------ 54\| X O X Bot 53\| X O X 52\| X 3 51\| X 50 ------------------------------+--- -------------------------------