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


To: Jay who wrote (6033)8/19/1998 11:04:00 AM
From: Ms. X  Respond to of 34809
 
Good Morning Jay,

Someone asked me this very exact same question when we had the indicators turn down. They thought as you do now, that the "correctin" had already occurred and by waiting, we missed it. Well, the NYSE BP was somewhere around 68% buy signals at that time and now it is at 30% buy signals. We certainly didn't miss it.

Trust me, you won't miss it.

I've been outlining trade possibilities in sectors that look to be or have reversed up. Semi's and software. I will continue to post trade ideas in sectors that look good or stocks that are gaining sponsorship.

The overall market is still down so we consider these trades and to keep hard stops. Once the NYSE BP reverses back up, we go for longer term.

It's good you asked the question. Probably many out there had the same question in mind but hadn't asked.

Take care,

jan I am