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


To: james ball who wrote (7057)9/12/1998 4:24:00 PM
From: Mr. BSL  Read Replies (1) | Respond to of 34811
 
Tom D: In your book, you mention buying stocks that are in sectors that are in one of the three bullish modes. Bull Alert & Bull Confirmed are obviously bullish. Is Bull Corrected or Bear Corrected the third bullish mode?
Thanks a lot. duke60



To: james ball who wrote (7057)9/13/1998 11:07:00 AM
From: tech fool  Read Replies (1) | Respond to of 34811
 
Tom,

On 9/4 you reported a buy signal in the oil sector and last week the osx and xng (natural gas) showed a nice recovery. I've been waiting for xng to bottom because it appears to have an awesome upside potential.

Do you think its worth chasing these indexes after their 20% gains last week, or do you expect them to retrace and provide a more comfortable entry point? Unfortunately, I can't do both. Thanks in advance ...