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

To: james ball who wrote (13491)	2/3/1999 1:41:00 PM
From: Judy	Respond to of 34810

Thanks for the clarification of the "Bear Confirmed" status, Tom. Message 7636836 btw, I'll take the liberty of linking your post to the Idea Thread.

To: james ball who wrote (13491)	2/3/1999 1:53:00 PM
From: leslie jo	Read Replies (1) \| Respond to of 34810

I understand bear confirmed. If it is already in a bear alert status, and hits a sell signal, then it is bear confirmed. However, was it originally in a bear alert status? On January 26, the chart on the DWA site stated it was a bull correction... My understanding is bear alert occurs when there is a reversal from above the 70% mark? Were we not in bull alert when we moved from beneath the 30% in October? Then the buy signal would have put us in bull confirmed. Moving from O's into that would put us in a bull correction phase... What in the world am I missing???? LJ