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

To: Bwe who wrote (3479)	6/9/1998 12:05:00 PM
From: Webhead	Read Replies (1) \| Respond to of 34811

Does chartcraft have a website? Thanks in advance, Ed

To: Bwe who wrote (3479)	6/9/1998 1:00:00 PM
From: The Jedi	Read Replies (1) \| Respond to of 34811

High read your comment on WLA. Does it mean it has topped for now or does it mean it will go up further. What is a high pole top. Thanks Kiri

To: Bwe who wrote (3479)	6/10/1998 5:20:00 PM
From: Bwe	Read Replies (1) \| Respond to of 34811

Chartcraft Report......The "coach", the NYSE Bullish %, moved down another box to 54% hitting a low of 53.9% and finishing at 54.2%. The defense should be on the field....All Broad Industry Group Bullish % Sectors were down on the week....Oil Service down to 38% (already bear confirmed). Semi's at 20%, Leisure to 42% (bull correction), Banks to 60% (bear confirmed)....Advisory Sentiment......Bulls 41.7......Bears...31.7....more bears and less bulls a good sign but corrections usually end with Bulls under 40% and bears over 35%. Not there yet but getting closer.......Long term indicators negative, shorter term are bouncing from oversold levels......Bought Delta Airlines (DAL) for the Chartcraft portfolio (10 p/e, insider buying, bullish RS)....Chartcraft has been pretty good at buying the airline stocks having owned US Air and UAL in the past.....Interesting to note that Chartcraft has been buying stocks they like in this market weakness. Probably a good idea for investors to pick up issues they like on the cheap. Take care, Bruce