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

To: Don Pueblo who wrote (17456)	4/11/1999 5:04:00 PM
From: Ms. X	Respond to of 34806

As long as you have Cheetos, life is good. Not to worry. We'll send Gary if you run out! laugh

To: Don Pueblo who wrote (17456)	4/11/1999 5:16:00 PM
From: Ms. X	Respond to of 34806

Everyone: PIFF INDICATORS ********* The 10 week has been in X's as you know and still gaining strength The HiLow reversed up nicely last week with three cute little green X's. The Optional Bullish percent is the baby we want to watch now. It is at a reading of 45.170 and the chart box is 45. It will take a move to 46 to reverse up. Last week it gained .8 and we only need .83 to get the reversal. Now, nobody jump the gun here. Let's wait for the reversal. I can get a reading daily on the Opti and will let everyone know, as will DWA if this reversal happens. Until then, same plan. Jannie poo.

To: Don Pueblo who wrote (17456)	4/11/1999 6:16:00 PM
From: d. alexander	Read Replies (1) \| Respond to of 34806

When something comes together like that, I think it may be the I-word. I look at 5 minute bars too, & will stay tuned for what they may have to tell me :-) Actually, got my new charting program (TradeWind) going on fri & got onto 1 minute bars. Have been watching mainly trend & volume & you can see the volume falter better in the 1 min. bars. Agree about trusting to your/my own judgement. If WCAP blows 5% past 45 3/8 at the open, it should be back to test (maybe not for awhile) & I make Support (tomorrow) about 44 & 40. Will eyeball that book when next out browsing at Barnes & Noble. What I have thought about Point & Figure is - I still have so much to learn about conventional charting that I'd probably only confuse myself by trying to add that to the overloaded brain. Thanks for your response. Good week to all the piffers.