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


To: Jerry Olson who wrote (18314)4/18/1999 10:35:00 AM
From: Ms. X  Read Replies (2) | Respond to of 34811
 
Hi sweetie. My little Piffing buddy!
I saw your post to IKE. Don't take it too far Jer, if I have to turn over my tiara - well, I think you will look funny in it. I don't think the King is ready to give up his crown!!! :->>>>>

You know I love you to pieces.

You know what I've noticed in the past? I'll tell you. Whenever one of the major indicators turn, the market does the opposite for a short time. The OPTI goes negative, the market surges and then drops. The OPTI goes positive, the market dumps for a short time and then corrects. I can almost set my watch to it. Same with the NYSE BP. We'll see if it turns out to be true this time (should it reverse).

This is why I tell people to put their seat belts on and take a chill pill. Really strange but it all comes out in the wash. In the end the indicators are absolutely right. Still amazes me.

As to the sell off - Oh yeah baby! Them be some buyin' opps!!!
Did you notice that most stocks that sold off Friday didn't hit the bottoms set Thursday??? Hmmmm. All Piffers should have picked up on that one.

Just watch, the NYSE BP will go positive and the Dow 2 seconds later will start to dip. Then it gets all warm and fuzzy later. (This is a silly prediction folks don't go telling other threads I said this as a fact).

Bear Market? Well, maybe but not now. Who knows? It isn't worth predicting because that takes time away from understanding NOW. You are in now and the indicators keep you strait. Why care what the indicators will tell you in 6 months or a year. You'll be on top of it, I promise :-) Bear Market they say..... Ohhhh, they are going to have ouchie poo poo's in their accounts.

I'll post my peekies and lookseekins later. :-) Much to catch up on.

Jammy