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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Smooth Drive who wrote (5674)	2/8/1999 2:47:00 AM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 99985

Eric, Strong work, as usual. Have you looked at the Bearish Support Line for the NYSEBP? Does it have one? As I am a Dorseyite, I don't have those handed to me on a silver platter. I assume that they follow they same rules as the normal BRL and BSL. The reason that I ask is that when I eyeball the chart I see a trendline that would put the target of the NYSEBP at 42%. However it doesn't follow the normal rules for creating a support or resistance line in P&F. BTW: Dick (Mr. BSL) let me know that the NYSEBP dropped a couple more percentage points on Friday to 48%. Tom