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

To: Ms. X who wrote (3717)	6/15/1998 6:44:00 PM
From: wizzards wine	Respond to of 34811

Optional Bullish % Dropping to 42 % and the Weekly Momentum holding BUT 27 groups going lower and 9 rising. WE STAND BY AND WAIT.... The indicators are getting close, but we do NOT FORCE the trade!!!!! Be Happy... You Know P&F... Wait for the SIGNAL.... It's coming.... Later Preston

To: Ms. X who wrote (3717)	6/16/1998 1:09:00 AM
From: flashy	Read Replies (2) \| Respond to of 34811

I need alittle clarification... Every time I "think" I am clear on what a Bear Alert or Bear Correction or Bear confirmed or bull etc... looks like -> like your example here, I then look up another sector P&F chart and I am confused. I just pulled up the Auto and Parts sector chart, to see if the chart looks like I "think" it should look and it doesn't. Currently it is stating that it is on a Bear Confirmed - 56%. I would anticipate seeing "O's" all the way down to 42%, not 56%!? HELP>>>>> I just started using P&F charts and am getting a lot more comfortable how I should enter a position (long or short), once I find a stock I like. (Really enjoyed the free seminar in May in SF!! Very informative.) I also just started following your site. Looking forward to everyone's pearls of wisdom they have to share!!!!!!! cheers