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

To: Nancy who wrote (5702)	8/11/1998 9:46:00 PM
From: Ms. X	Read Replies (2) \| Respond to of 34811

The DJIA broke a double bottom today at 8350. Next support still at 7650. Nasdaq reversed into O's today but no additional sell signal SPX reversed into O's and gave a sell signal 1055. Today we had 5 new buy signals and 36 new sell signals. Should have seen the list of multiple sell signals. Egads. Don't know where the NYSE BP will be but probably somewhere around 30%. On top of it (or at the bottom if you will). I'm seeing all red with the momentums in sectors and indicators including: ten week moving averages, positive trends and relative strengths.