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


To: The Perfect Hedge who wrote (7278)9/15/1998 10:42:00 AM
From: Ms. X  Read Replies (1) | Respond to of 34811
 
Beebs,
Preston is out of town.
We still have to be cautious because of the NYSE BP still being negative. But, things are shaping up and that is what it takes to reverse that baby. Keep watching and get those ideas together...

I will reverse my position on a dime if I see things break down you realize. I just follow the indicators. I'm a slave to the indicators :-)



To: The Perfect Hedge who wrote (7278)9/21/1998 5:14:00 AM
From: wizzards wine  Read Replies (1) | Respond to of 34811
 
Morning Beebs, Sorry for the confusion...We knew that the NYSEBP was close to reversing up but we always wait for the reversal...Think of it this way, It could have sat there for another 6 weeks...or longer...

Overall I'm still very cautious as not much has really changed in the world markets and the overall views of things...the one obvious thing that has changed a little is that buyers have caused the NYSEBP to reverse back up from the lowest area since 1990 by beginning to buy more that sell...

Still we are coming up to October Crazies and The Vidio Tape being released today...I will say the most Europeans that I have spoken to lately, think this whole Clinton thing is silly BUT are very nervious about his percieved ability to interact with the worlds leaders in helping to steer world events during this VERY DIFFICULT time...

Thus we play the cards we are dealt or stay to the sidelines, the choise is yours...

Later

Preston