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

To: Challo Jeregy who wrote (18227)	4/16/1999 11:29:00 AM
From: papi riqui	Read Replies (1) \| Respond to of 34811

>>you know what is funny (not ha-ha funny but odd funny) is that every pundit and newspaper article I've read, heard this am (IBD,CNBC) says that this cyclical move is not sustainable and that the market can correct big-time.(Is this our contratrian headline that we are looking for)?<< CJ, I was thinking the same thing. Great minds.... It also occurred to me in reading today's From the Analyst that one of the beauties of PnF is that it just relies on the Xs and Os and filters out all the bs from the pundits, sages, and fellow travellers. PR

To: Challo Jeregy who wrote (18227)	4/16/1999 12:08:00 PM
From: james ball	Respond to of 34811

I agree, I think you are dead right. we will look back at this move in cyclicals and it will mark the next up leg. The fed has opened the spigot on money so inflation is probably in order butthat' is fine too as long as it doesn't get out of hand. Tom