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

To: Gottfried who wrote (16591)	4/1/1999 1:42:00 AM
From: Smooth Drive	Respond to of 34811

Good Evening fellow P&Fers, With permission from CHARTCRAFT INVESTORS/INTELLIGENCE, a crumb of info from their outstanding daily fax material: SENTIMENT INDEX 4/02/99 3/26/99 % of Advisors Bullish 55.6 55.9 % of Advisors Bearish 31.6 29.7 % of Advisors Confused 12.8 14.4 A few indicators as follows: 3/30/99 3/23/99 % NYSE > 10wk MA 40.75 35.71 Bull Alert % OPTs > 10wk MA 47.40 42.80 Bear Confirmed % NYSE > 30wk MA 40.42 38.37 Bear Confirmed % OPTs > 30wk MA 50.10 48.10 Bear Confirmed NYSE Bullish % 39.9 39.6 Bear Confirmed OTC Bullish % 38.9 37.6 Bear Confirmed DJIA Bullish % 73.3 80.0 Bull Top OPT Stks Bullish % 42.6 44.7 Bear Confirmed NYSE High Low Index 26.3 37.8 Despite the Dow 10,000 only 3 sectors moved up and 10 had down moves. The Bullish % Sum is now at - 2.0. Oil service moved to Bull Confirmed from Bull Alert. Indicators still negative and we would keep the defense on the filed. As always, if our indicators change, we will change, but they have not done so and we are looking for lower prices. Take care, Eric