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

To: Jerry Olson who wrote (17435)	4/11/1999 2:44:00 PM
From: james ball	Read Replies (3) \| Respond to of 34809

Both short indicators high low nad percent of 10 have reversed and if option reverses we have a stronger short term signal. In todays report for pro's we have two pictures of sector distribution which really tells the story with one look. I'll put it in the individual from the analyst tomorrow. We have had a very good correction in the broad market while the narrow rally carried the Dow to new highs. Possibly the small will outperform soon broaden out and then carry the Dow Jones up to 11500 only this time Mr. Jones will see gains in his portfolio not losses. I have this strange feeling that might just happen. However April 15 is upon us and we'll see how much buying continues after IRA time. My cousin called me and said her cpa said to invest $2000 in IRA. If she calls about it everyone is doing it. The beat goes on and we go as indicators suggest. We got nothing but time. Tom