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


To: Al Serrao who wrote (4019)6/23/1998 5:04:00 PM
From: Bwe  Respond to of 34823
 
Hi Al. Please accept my answer in lieu of Jan's response on this one. A move to 22% on it's Bullish % chart would move the semi's to Bull Alert status. Bull Alert status comes about when a group reverses to an up column of X's from below the 30% level. With the semiconductor group at 16% in an O column, 22% is the magic number.

Take care,
Bruce