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


To: Challo Jeregy who wrote (5146)7/28/1998 1:32:00 AM
From: Smooth Drive  Read Replies (3) | Respond to of 34811
 
Yallo Challo,

Assuming you're in the cheap seats, copy and paste the symbols below and save in word. When you want to see how the major indexes are doing, put it in the DWA portfolio. As you know we're limited to 5 portfolios, so I keep a number of them in word and substitute as needed.

Are you hand charting some of the major indexes? If not think about it. Mr. Gatto says 90% of TA is S&R, trend lines/channels and moving averages. He's very wise.

Symbol explanation as follows:

Dow Jones Industrial Average: DJIA
S&P600: SML
S&P500: SPX
S&P100: OEX
S&P Mid-Cap: MID
Semiconductor Index: SOX
Bank Index: BKX
MS High Tech 35 Index: MSH
Japan Index: JPN
Hong Kong Index: HKO
Russell 2000: RUT
Computer Tech Index: XCI
Utility Index: UTY
Gold/Silver Index: XAU
MS Cyclical Index: CYC
Biotech Index: BTK
Drug Index: DRG
Mexico Index: MEX
Naz Non-Financial Index: NDX
Value Line: VLE
Russell 2000: RUT
Wilshire Small Cap Index: WSX
Better Sex For Older Males Index: PFE

DJIA,SML,SPX,OEX,MID,SOX,BKX,MSH,JPN,HKO,RUT,XCI,
UTY,XAU,CYC,BTK,DRG,MEX,NDX,VLE,RUT,WSX,PFE



To: Challo Jeregy who wrote (5146)7/28/1998 9:54:00 AM
From: Ms. X  Read Replies (2) | Respond to of 34811
 
Hi Challo,
Eric gave you the list of lists already. I've taken a look at the SPX and it currently in X's reversing up from a 50% retracement off its high. The first sign of break down is at 1125, a double bottom break. Support at 1075. If it weren't for the fact that the market was so poopy, I'd say you could buy here with a stop of 1125. Well, you could if you wanted to but I'm not that brave :-)

Take care,

Jan I am