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

To: chartseer who wrote (13120)	1/27/1999 3:09:00 PM
From: Dennis J.	Read Replies (1) \| Respond to of 34811

RMBS. Nope. Don't rely on the DWA RS charts much. They move kinda slow. It clearly is correcting in a major uptrend, so believers might assume that trading ranges will ultimately resolve to the upside as long as the major market trend remains up. I realize that some of our favorite indicators have just reversed down, and that is a worry. However, this market seems to want to go higher again, so the reversals may reverse again. We will probably know soon. Dennis