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

To: Sam Quentin who wrote (6571)	8/31/1998 8:46:00 PM
From: james ball	Respond to of 34811

Sam, the comment was about the bottom reached in 1982. The auto's went down big time, Ford cut the dividend and Chrysler was to go bankrupt. Small stocks bottomed first while the big stocks kept going down. Those watching the Dow JOnes as their market missed the bottom in the small stocks as they were up significantly while the Dow Jones types were making lower bottoms. The comment is to let investors know there is more to the market than the Dow Jones. Sectors bottom at different times also. Don't get hung up on where the Dow JOnes is, you might miss the train. Tom D