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

To: Jay Scott who wrote (15304)	3/9/1999 2:29:00 PM
From: wlheatmoon	Respond to of 34824

The spindoctors have made Banks look like a buy when it shouldn't be. Banks originally looked good with interests down, now, they say banks are good with interests up. I don't believe it. Banks will be negative with their holdings in Brazil being devalued, much of their loans will be defaulted. Interest rates probably have seen their bottom for a while and therefore, I believe banks are a good short or put candidate now. Of course, there are many other more intelligent people about this out there, so please listen to them.. This is just my humble opinion. mike

To: Jay Scott who wrote (15304)	3/9/1999 2:51:00 PM
From: Ms. X	Read Replies (1) \| Respond to of 34824

I asked Tommy the very same question last week. His response was that this isn't an exact science. Who knows? It doesn't make sense to me either. BKX is looking strong though. Go figure.