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


To: Jerry Olson who wrote (14114)2/17/1999 4:15:00 PM
From: Bwe  Read Replies (2) | Respond to of 34823
 
Thanks OJ. Nice to hear from you. Oversold territory on the Bullish %'s is at 30% and below. Of course, the % of 10 can go deep into oversold territory as it did during the 8/98 - 9/98 time frame. When a bullish % turns up from less than 30%, that's when it's Bull Alert and time to get to thinking bullish thoughts. The % of 10 is a short term indicator, however.

Bruce