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


To: Bwe who wrote (6533)8/31/1998 11:25:00 AM
From: Mr. BSL  Respond to of 34811
 
Thanks a lot Bruce. <eom>



To: Bwe who wrote (6533)8/31/1998 11:39:00 AM
From: Al Serrao  Read Replies (1) | Respond to of 34811
 
Bruce, your report answers a lot of questions. Thanks again.



To: Bwe who wrote (6533)8/31/1998 1:18:00 PM
From: superdow  Respond to of 34811
 
Yup, I think we are going to go a lot lower yet.
As of today, the indexes have given up the year's
gains. Psycologically, fund managers and in particular
fund holders can deal with giving up year to date gains.
Any further losses are viewed as a loss of hard
earned capital. So look for a lot of mutual fund
holdings to go cash now. Glad I got scared when
the nyse bp reversed! (:

Looking forward to taking a closer look at
those reversal figures posted by Jan this weekend
(ie., matching them up with index movements) or
Eric are you working on that already!



To: Bwe who wrote (6533)9/1/1998 6:17:00 AM
From: Bwe  Respond to of 34811
 
I noticed a mistake in the latest Chartcraft Report:

The indicators Chartcraft is looking toward and the order they are looking for them is as follows:

NYSE High Low index......NYSE Stocks Above Their Own 30 Week
MA........Option Stocks Bullish %......final confirmation from NYSEBP...

The mistake I made was writing that Chartcraft was looking for the Stocks Above Their Own 10 Week MA to reverse up after the NYSE High Low index. The % of 10 index has already reversed up.

Sorry for the error.

Take care,
Bruce