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

To: Jorj X Mckie who wrote (7530)	9/21/1998 7:23:00 PM
From: Jerry Olson	Respond to of 34811

Thanks Tom hey i read the indexs just like a stock...no different to me<g>...

To: Jorj X Mckie who wrote (7530)	9/21/1998 9:47:00 PM
From: Jay Scott	Respond to of 34811

Tom, chart on SOX has upside room to the 250 area, and with any market strength tomorrow, it should break out. One of the tools that I like for playing the indexes is active-investor.com. They have daily buy and sell ratings on a variety of indexes. I've found their trading systems to be short-term in nature and ideal for options when combined with Dorsey's charts and commentary. You also might want to check out active-investor for the daily comment...they pegged the intraday action very well for me his morning. Allowed me to time the exit on my OEX put options for a nice profit. I hope you get your 7600 retest on the Dow. Dorsey does not show intraday trading if it involves an intraday reversal, but the hand charts that I was doing already showed a test of support on the OEX and a reversal up. Off to the races here? JS