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

To: XOsDaWAY2GO who wrote (13498)	2/3/1999 4:26:00 PM
From: james ball	Respond to of 34822

Not selling a loser is also one right answer for certain investors. I'm not saying its the right decision for me but for others it might be. Tom

To: XOsDaWAY2GO who wrote (13498)	2/3/1999 4:38:00 PM
From: Smooth Drive	Read Replies (1) \| Respond to of 34822

Hello All, With permission from Chartcraft/Investors Intelligence, here's a bit of today's Market Data: SENTIMENT INDEX 02/05/99 01/29/99 % of Advisors Bullish 60.0 60.7 % of Advisors Bearish 26.7 28.2 % of Advisors Correction 13.3 11.1 A few of the important indicators as follows: 02/02/99 01/26/99 % NYSE > 10 Week MA 39.81 42.48 Bear Confirmed % OPTs > 10 Week MA 43.1 43.8 Bear Confirmed % NYSE > 30 Week MA 43.33 44.85 Bear Confirmed NYSE Bullish % 50.0 52.0 Bear Confirmed OPT Stks Bullish % 56.0 59.1 Bear Confirmed NYSE High Low Index 46.1 49.2 A few paraphrased comments: - Market Breadth is terrible. The advance-decline line is bearish on all 3 indexes and lower than 10 day's ago. - Sentiment has bulls at 60%, down some from last week. Bears at 26.7% and approaching the 23% reading in July. - The broad industry sum dropped down to 15.5 from 21.5 last week, and into a sell signal. - Only one industry group moved up and 14 went down. My comments: I have really come to appreciate watching the DJUA and the DJ 20 bond chart. Keep a close eye on these two charts. Take care, Eric