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


To: superdow who wrote (4479)7/7/1998 9:14:00 AM
From: wizzards wine  Read Replies (1) | Respond to of 34811
 
Superdow, No reversal YET!!! Also, the daily BPNYSE is ONLY an indicator and NOT the true makings for timing the reversal of the BPNYSE per what Tom posted to me last week..

Still On the Defensive.......

Later
Preston



To: superdow who wrote (4479)7/7/1998 9:18:00 AM
From: Mr. BSL  Respond to of 34811
 
Superdow - Going strictly by the charts, BPNYSE needs to get to 52 to reverse up and IBNYSE needs to get to 56 to reverse. I don't know why the column of O's in the weekly went down to 46 and the daily only went down to 50. I don't think it is important. There are obviously subtle differences between the charts. Keep your eye on the BPNYSE. patience...patience...patience!!!. The BPNYSE will be updated by Thursday. The Chartcraft update will have the numbers tomorrow morning at 8:30. I would like to see the BPNYSE and one of the 30 week charts turn up before I unhedge by selling my BEARX.
regards, duke60