Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: James Strauss who wrote (16696)	4/4/1999 2:09:00 PM
From: Ms. X	Read Replies (2) \| Respond to of 34811

Thanks James! I don't like the looks of the market either. There are very few stocks still carrying the market. The High Low index is still falling with the other indicators stalled. The 10 week is holding its own and improved significantly last week. What we need to see to sustain a rally is the BPOPTI to reverse up and the 10 week to continue moving up. I can say that oil service is outperforming the market. The RS has reversed to X's and the BP chart just went Bull Confirmed. Positions can be taken here. Look at DO and SLB for example. Both look excellent. Oil also looks good but the RS for the sector has not reversed up yet. Has a way to go. The sector is currently Bull Confirmed as well. ARC and CHV are charts to look at. Still roaming the DWA site. Having a good time. Jan I am Both sectors gaining strength.