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

To: james ball who wrote (8330)	10/7/1998 9:37:00 AM
From: wizzards wine	Read Replies (1) \| Respond to of 34811

Thanks Tom, Kind of thought with yesterdays action that might happen, but did not see it in the charts last night...Is this one of those things that takes a little longer to confirm? TIA Later Preston

To: james ball who wrote (8330)	10/7/1998 9:43:00 AM
From: wizzards wine	Read Replies (2) \| Respond to of 34811

Ok Guys and Gals, It's back on the DEFENSIVE as We have lost the ball.. Let's hope it's for just a brief time period, and that it reverses back up giving a very low Bull Confirmed Signal Soon... Watch those stops, and sectors rotating!!!! Later Preston

To: james ball who wrote (8330)	10/7/1998 10:18:00 AM
From: wizzards wine	Read Replies (2) \| Respond to of 34811

Hi again Tom, In looking for the sectors that reversed Down? are they not noted yet on the Bullish Percentage Charts? Can we take the previous point for the issue and subtract the daily % change to figure which ones reversed? Thanks Preston

To: james ball who wrote (8330)	10/7/1998 11:04:00 AM
From: Dennis J.	Read Replies (1) \| Respond to of 34811

Tom Dorsey. If I understand correctly, both the OPTI and NYSE bullish percentages have reversed down and are in a column of O's, most sectors are pointed down, and the offensive team is still on the field? Seems like tough yardage ahead. Smaller profit potentials, and a higher percentage of failed trades. And with most stocks limited by overhead resistance. If the OPTI and NYSE BP's move still lower, would you rate their next reversals as buy signals, or wait for DT breakouts above the levels at which they reversed down? I do know that we have the BEST quarterback on the field. Thanks, Tom Dennis