Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bwe who wrote (14124)	2/17/1999 4:24:00 PM
From: Jerry Olson	Respond to of 34823

Bruce, that's what i thought...any indicator that moves below 30% would be considered oversold...discussed that today with some others too... so the way i'm playing this, is to wait for both indicators the %of 10 and the Hi/Low index to reverse up...if the NYSEBP is below 30% at that time i would be aggressive... however, the SPX broke a double bottom today at 1225, and should carry this selloff further...tonight we get our updates on all the indicators... thanks for the reply...we need to put together a super "BUY" list for the coming reverse... yeah i know Tommy, drive a straight line!!!!!!!.....:>} See ya Bruce.......