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

To: iGregor who wrote (8773)	10/18/1998 12:32:00 PM
From: Mr. BSL	Read Replies (1) \| Respond to of 34811

Hi EP. The % changes are for that day. You can add them up. The chart needs to go to 26 to reverse up. It would seem from your numbers that the NYSE BP has reversed up intra-week. You might want to get confirmation from someone else before you dive in. Let us know. Gottfried and Dennis - thanks for bringing me up to speed on PEI. Hopefully they will contribute to keeping the bull/bear ratio down! Dick

To: iGregor who wrote (8773)	10/18/1998 3:56:00 PM
From: Mr. BSL	Read Replies (1) \| Respond to of 34811

Hi again East Pole. If we assume for the moment that the NYSE BP is still officially in a column of O's and we see that the other longer term indicators - S&P500 BP and OTC BP are still bear confirmed, then we have the long term and short term (10week and HILO) indicators negative at the same time that the intermediate term indicators (30 week and OPTI BP) are positive. Bear market rally at its peak? Just my random thoughts. Take care, Dick

To: iGregor who wrote (8773)	10/18/1998 7:07:00 PM
From: Ms. X	Respond to of 34811

Hi East, To your question about the BPNYSE, on the daily charts it has reversed up....but we must wait for the official look see on Monday as it was very close.... I spent almost 4 hours on Saturday morning with Tommy at the DWA office going over P&F things, what a wonderful experiance and wonderful man for sharing his time. Actually had breakfast with him, Jan and my wife first, then went to a Powerlifting contest that he was spotting for a friend, then to the office and later to a very nice party... I must admit, that the time spent brought a more hard felt understanding of P&F in relation to other factors...many of which cloud one's full use of P&F and it's full potential. Though it will be hard for me to temper my use of other outside factors, I feel that I must at least try to use the tools that Tommy offers as they are best used...that being with FA and few other distractions... Later Wizzie