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

To: Hardline who wrote (6585)	9/1/1998 6:49:00 AM
From: james ball	Respond to of 34824

Hardline, you are right, but I have to look at it in a cold vaccuum. It's alright to be wrong on Wall Street but it is not alright to stay wrong. The beauty of our way of doing things with the bullish percents is if we are wrong or late, by the sheer fact of how they are constructed we must come arouond and will not be left behind for long. However we have never been left behind yet. We have always been ahead of the curve. I remember 1987, we were in business for only 10 months and the crash came. We had what clients we had out of the market in early September and every report we wrote from that point of the bull% reversal to Bear Alert to the crash was devoted to how to use options to hedge. We were very option related back then as I had just left managing Wheat First Options Strategy Department for the previous 9 years. WE also got them back in the first week of November. It kept us in business as it was the first and last time we have marketed. I hopoe our call this time will generate some new business as it did in 1987. Tom D