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


To: Judy who wrote (14832)3/2/1999 8:24:00 PM
From: Mr.Manners  Respond to of 34811
 
Hi Judy,

I agree with you.. about the gradual grinding decline; although I suspect we could see an initial serious drop in the a.m., there might be a pop depending on how bonds trade
I know some people are saying that technically there should be a definte bounce. I generally overlay a lot of factors with gut feeling, and that doesn't appear likely.. though that is usually when it occurs

I don't see any rush into being long until Friday, if then - and possibly only for trading.. at which time there ought to be plenty of opportunities created between now and then

I recall your read on COMS when it first popped to 47/48 - it was true and exact as usual.