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To: Jay who wrote (13403)7/29/1998 8:24:00 PM
From: Ms. X  Respond to of 42787
 
Hi Jay..

Whoa boy. Big question.
We went defensive in April and started watching our positions carefully. We determine this through indicators that are short term and long term in nature. We went defensive on our long term picture but when our short term indicators picked up in last month, we played the rally. Now, the short term indicators reversed back down while our long term indicators never reversed up. We find this troublesome. We are very defensive.
I could go on for days.
Visit us at the Point and Figure thread. A lot from here come over and check things out.
Tonight I'll be posting some more about this weeks indicator updates.

Take care,

jan I am