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

To: james ball who wrote (4103)	6/25/1998 9:49:00 AM
From: David N. Jones	Read Replies (1) \| Respond to of 34806

Hi Tom, If you get a chance could you please provide some background information as to how you decide which stocks are used in determining the NYSEBP and why DWA uses broad industry groups rather than the narrower industry groups such as those used by IBD. I am interested in learning how the NYSEBP and sector BP's are arrived at in order to see how similar indicators could be developed for use within my home market of Australia. As the Australian stock market represents less than 2% of the worlds capital markets I am not sure that the market is large enough to have meaningful sector bullish percent indicators. Thanks in advance David Jones

To: james ball who wrote (4103)	6/25/1998 11:04:00 AM
From: R Stevens	Read Replies (1) \| Respond to of 34806

Interesting to note S&P new high and only 45% stocks on NYSE bullish. Shades of the past. Care to elaborate on that? Thank You, RS

To: james ball who wrote (4103)	6/26/1998 8:42:00 AM
From: Mr. BSL	Read Replies (3) \| Respond to of 34806

Hi Tom. <SEMI's, SOFTWARE, TELEPHONE reverse up> With the defense still on the field, does this mean we can pick our spots and try for an interception? !!!! duke60

To: james ball who wrote (4103)	6/28/1998 12:12:00 PM
From: Bwe	Read Replies (4) \| Respond to of 34806

To Tom, Eric, Ben, Jan, Preston, and all....a graduate school p&f charting question: After a 2-1 stock split (or any split for that matter), DWA and Chartcraft, of course, must reconfigure that stock's p&f chart. Specifically, TJX just had a 2-1 stock split. Before the split, the stock had a High Pole Top at $52, it's 2nd in 9 years. The post split chart does not reflect this HPT, but this does not invalidate it's occurrence. However, someone looking at TJX's chart now would have no knowledge that it ever happened. My question I guess is, how do chart patterns that occur prior to a stock split impact a chartist's analysis of the post split p&f chart where the pattern no longer exists? I've run into this problem a number of times over the years,but now I finally have a forum available where it's possible to discuss this issue. I've neglected to run this question by Michael Burke for some reason or other over the years and I now throw it out to the thread to ponder. Have a great Sunday, everyone. Bruce