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

To: flashy who wrote (5172)	7/28/1998 8:14:00 PM
From: wizzards wine	Respond to of 34811

Flashy, The Broad market appears to be going to Hell in a hand Basket, and the indicators support this...I would be shoring up positions and being VERY DEFENSIVE!!!! I've seen and gotten a great deal of post that are going to CASH... I'll go to DWA and report back... Later Preston

To: flashy who wrote (5172)	7/28/1998 8:31:00 PM
From: wizzards wine	Respond to of 34811

Ok Flashy and ALL, We have the NYSEBP moving lower, the Optionable Bullish falling another box, the NYSE Hi-Low moving lower and the Advance-Decline Line giving a sell signal... Support for the following: DJIA at 8600 NASD at 1720 SPX at 1075 RUT at 405 Watch the sectors, watch your stops...and they may NOT BE EFFECTIVE!!! and watch the indicators... Add to this 5 NEW BUY SIGNALS TO 36NEW SELL SIGNALS and the ASIA, Economy or CLINTON could be the fuse...to NYSEBP melt down.... JMHO Later Preston