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

To: Mr. BSL who wrote (12911)1/21/1999 9:05:00 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 34811
 
Mr. BSL,
Like the name. Expect to see the new alias soon.....

Anybody got a feel for how today's action affected the key indicators? My feeling is that this is a healthy and needed pullback and that I should just ignore it.

It will be interesting to see if the DJIA reverses up before it hits 9100. This would be a higher low and the forming of a nice triangle from which to have a bullish triangle (the optimist in me).

NASD with the 20pt box still just looks like a healthy pullback.

X



To: Mr. BSL who wrote (12911)1/21/1999 10:21:00 PM
From: Ms. X  Respond to of 34811
 
Oh, you must change your name to that!

I'll check out X. (My signature stock)

Say, utilities, electric and otherwise going to Hell in a fleece covered handbasket. Watch the Dow Jones Bond 20 and the sell signal at 106. In which case, interest rate stocks might join the yuckie poo poo crowd.


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