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

To: Margaret Mateer who wrote (10630)12/2/1998 10:49:00 AM
From: Ms. X  Read Replies (3) | Respond to of 34818
 
See my previous post Peggorama.

:-)



To: Margaret Mateer who wrote (10630)12/2/1998 11:19:00 AM
From: Ms. X  Respond to of 34818
 
The reversal is a short term indicator and we have to see what follows it. It can reversed up and down with the OPTI and NYSE BP staying the same. All it tells you at this point is that there is a pullback happening and to watch your positions etc.
If it is followed by the OPTI then we become more defensive. Right now we just let those babies come to us. No chasing stocks.

Jan I am


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