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

To: Jerry Olson who wrote (14349)	2/21/1999 12:54:00 PM
From: quote 007	Read Replies (1) \| Respond to of 34816

jerry, so you like those poles??? i think the best way to play them is the high poles in a "bearish" market--where the indicators are all negative--and be ready to play the low poles when the indicators reverse--but i have limited experience- was hoping to get confirmation from bruce-jan tom d--etc???? one curious thing to me is that tom d in his morning commentsnever mentions high poles-low poles--(that i recall)--are they not that important????? have a whole list of stocks to look at when they reverse back up so that the stop points on the puts are tighter stuart

To: Jerry Olson who wrote (14349)	2/21/1999 2:21:00 PM
From: Allan Harris	Read Replies (2) \| Respond to of 34816

all the nets have had low poles big time...it seems to me that all the indexs are at critical levels...and any rally, not confirmed with P&F reversals will be shorted in my camp I find this thread getting much too Bearish. Look at the Bullish Percent Charts for both %10 and Hi/Low. Both at or under 30. The last few times this occurred, with both under 30, was April'97, June'98 and Sep'98, all excellent short-term buying opportunities. Tip O'Neill is famous for stating that, "All politics is local." Put another way,"All market timing is short-term." A