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


To: wizzards wine who wrote (9978)11/21/1998 4:40:00 PM
From: Jerry Olson  Read Replies (2) | Respond to of 34811
 
Hey Wizzie.....

you havin" fun down there in cowpoke land..:>}

it's cold and windy here Wiz...brrrrrr,,, man, winter is just around the corner...

well my take is this...P&F as usual, predicted this rally to a "T"...i charted the DJIA and the SPX and both gave buy signals at 9000 and 1130 right on the money...the OEX too at 545...

i just looked at the SOX index...it' RS just reversed into O's and it's ready to fall...25 consecutive boxes straight UP!!! i look for support at 275 and then 250...

we could still move higher here to all time new highs...but that would mean a bigger fall....

there's nothing out there Wiz..Zip-Zero-Nada...to stop this market...

and yes i'm with you, we'll let P&F tell US!!! however heh heh, i have to throw in my 2c...:>}

my regards, Jerry