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

To: Jerry Olson who wrote (15563)3/12/1999 9:03:00 AM
From: wizzards wine  Read Replies (1) | Respond to of 34811
 
Morning Jerry...Note "Percent of Stocks Above 10 Wk moving Average" Reverses Up...

Short term indicators are looking up, but the percent of stocks on a buy signal is still low...

This is still a trading range type of indicator, and Stops should be in place on all trades....

Also next Friday is the first Triple Witching Expiration of the year, expect fireworks :-)

Later

Preston



To: Jerry Olson who wrote (15563)3/12/1999 9:43:00 AM
From: Ms. X  Read Replies (4) | Respond to of 34811
 
Good Morning All...

I have nothing to say but Good Morning.

Oh, here is something. Tommy told me yesterday the 8 stock were responsible for 80% of the move in the Dow last year. Can you believe that?
Our short terms indicators are positive so you can trade here with stops etc. If the Optional BP turns positive you can get more aggressive. If the NYSE BP turns positive you can party until the cows come home.
No, neither are close.

Have a great day!


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