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

To: Bwe who wrote (8059)	9/30/1998 9:30:00 AM
From: Bwe	Respond to of 34811

Chartcraft Report Part 2: Broad Industry Group Bullish % changes The Broad Industry Group Bullish % Sum gave a buy on it's chart two weeks ago at -14.5%. Last week, this important indicator moved to -4%. This week the reading came in at +11%. This indicator had it's lowest reading ever at -41% in August. Reversals noted by a . All groups moved up this week. All groups Bull alert unless otherwise noted: Auto's: 24% Bull Alert Banks: 30% Biomedics: 32% Buildings: 22% Bull Alert* Business Products: 24% Chemicals: 18% Bull Alert* Computers: 30% Drugs: 36% Electronics: 18% Finance: 30% Forest Products: 20% Bull Alert* Helathcare: 28% Insurance: 36% Asia Pacific: 16% Bull Alert* Latin America: 26% Media: 34% Bull Alert* Metals Non Ferrous: 12% Bull Alert* Oil: 24% Oil Service: 34% Precious Metals: 30% Real Estate: 26% Bull Alert* S&L's: 26% Semiconductors: 18% Software: 32% Steel: 12% Bull Alert* Telephone: 28% Transport Non Air: 20% Utilities Gas: 38% Bear Correction Wall Street: 30% Waste Management: 26% Bull Alert* Bruce