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To: Gottfried who wrote (126)9/21/1998 2:47:00 PM
From: Sun Tzu  Read Replies (1) | Respond to of 10768
 
All it means is that more NYSE stocks have a buy signal.

Interesting. I heard Dow at 7400 so many times from so many people last week that I held back on shorting anything. Longer term I still think we're headed south but not when every trader thinks we're gonna hit 7400 in a week. I know point and figure does not give time horizons. So what are the significant numbers? (I've heard 8100, 7400, 6800, 6100) Any indications as to sector rotations?

Sun Tzu