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


To: Ms. X who wrote (5181)8/1/1998 9:38:00 PM
From: Challo Jeregy  Respond to of 34811
 
To East and Jan . . I've been away for a few days and have to read the threads talk that I missed, but me thinks I read right on Monday. S&P broke 1120 intraday, which I interpreted as not good.

East (thanx for your answer, BTW) correctly interpreted the S&P chart (at the time. I don't remember the day now, but its' most current marks at the time were 3 X's) with the next move up. However, I was looking at the move down, which was made on Tuesday, I think.

Anyway, I took defensive action on Monday and have certainly been happy about it. Me thinks 1075 is almost a given :-(

Thanx again to you two. (and to P&F)