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


To: James Strauss who wrote (8608)10/9/1998 4:02:00 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 34814
 
James, Good point. And my feeling is that my question already leaned toward the "waiting for the other shoe to drop" side. My wounds are too fresh to be anywhere near celebration.
Tom



To: James Strauss who wrote (8608)10/9/1998 5:02:00 PM
From: Mr. BSL  Read Replies (1) | Respond to of 34814
 
Hi Jim. Our HI/LO numbers are close. Mine are not official.
I take them off YAHOO at about 4:30.

NYSE HI LO 10 day Mov Ave
-- -- --------------
11-Sep 24 392 3.3
14-Sep 24 173 3.9
15-Sep 21 181 5.0
16-Sep 32 151 6.8
17-Sep 19 258 6.8
18-Sep 26 155 8.1
21-Sep 33 201 9.4
22-Sep 48 147 10.1
23-Sep 66 115 12.0 HI/LO reverses up
24-Sep 45 125 15.1
25-Sep 34 196 17.0
28-Sep 46 140 18.1
29-Sep 70 162 20.3
30-Sep 95 218 21.9
1-Oct 88 314 23.7
2-Oct 91 270 24.6
5-Oct 98 401 24.6
6-Oct 80 341 23.8
7-Oct 75 543 21.0
8-Oct 44 953 16.9 HI/LO reverses down
9-Oct 11 362 15.9 Another box down today

Dick



To: James Strauss who wrote (8608)10/9/1998 5:32:00 PM
From: Judy  Read Replies (1) | Respond to of 34814
 
Jim,

Did you go to cash after today's rally or are you still in index funds?

And how did you arrive at end of Oct/mid Nov for the DOW to hit 7000?



To: James Strauss who wrote (8608)10/10/1998 9:45:00 PM
From: terracin  Read Replies (1) | Respond to of 34814
 
james..., although i've read your posts, i've.........
never responded.
i have been searching for a thread to support the "deep shit" theory i've been arriving at and wanted to hear what others are saying.
this being said; i think we'll wake up one morning and the index futures will be down big times (like 500/600 points on the dow) and as our day starts, it will get much worse from there!
we just broke a 52 wk low in the nasdaq. plus the yen has climbed substancially in the last wk. which will further hurt asia. there could be a flight to cash on a global basis.
am i too scary? could this happen?