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


To: Ms. X who wrote (7826)9/25/1998 11:52:00 AM
From: Lucretius  Respond to of 34809
 
I've been sitting w/ my puts since late July. Been buying more gold lately. I think you're right about the bullish% tunring and indicating a rally, but just as the bullish% was early in predicting this latest decline, it will likely be early in predicting the rally. I anticipate a real bomb in Oct (small caps won't go down as much since they near the bottom of this bear leg) and the rally that the bullish% is forcasting to take place in Nov-Dec before we start the next leg down early next year.

-Lucretius