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


To: Margaret Mateer who wrote (7232)9/14/1998 1:22:00 AM
From: feewaybill  Read Replies (2) | Respond to of 34811
 
On DWA main page click on "indices" then click on "commodity" its DJBB. Its about to break a double top which means bonds will go lower?? I'm not sure. Maybe Tom can help us if we get the break of the double top??......Bruce

<Dow Jones 20 Bond Average: A long-term bond indicator which helps us weigh the advantages of holding interest rate-bearing securities. This average is plotted on a point and figure chart with a box size of .20. The average moves slow and does not often give signals, but when they occur, we pay attention. A sell signal, which is given when a column of Os exceeds a previous column of Os, suggests that rates are about to rise. The opposite holds for buy signals.>




To: Margaret Mateer who wrote (7232)9/14/1998 9:12:00 AM
From: Ms. X  Read Replies (1) | Respond to of 34811
 
Hi Peggy.

thanks.

DJBB - Dow Jones 20