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

To: Jerry Olson who wrote (19265)	4/28/1999 5:43:00 PM
From: Jerry Olson	Respond to of 34811

Shuo AMZN trading down 15 points on instinet...so are all of the net nuts...hang in there...

To: Jerry Olson who wrote (19265)	4/28/1999 8:01:00 PM
From: Ms. X	Read Replies (2) \| Respond to of 34811

I wanted to show the Sector Bell Curve. When we hear terms like "the market it overbought", "the market is toppy..." etc, we look at the Bell Curve. When the sectors are all the way to the right as they were last June, THAT is an overbought and toppy market. When the sectors are all the way over to the left, that is an oversold market. The middle is a "normal" market. Here is the current Sector Bell Curve. \| \| \| \| \| \| LEIS \| FOOD HOUS BUIL INET BUSI ELEC GAME WALL METL TRAN BANK OILS TELE MEDI text MACH FINL STEL FRST prot rest COMP INSU CHEM AERO prec drug HEAL savg RETL AUTO OSRV real util WAST BIOM GAS SOFT SEMI euro ASIA LATN -------------------------------------------------------------------------------------- 10% 30% 50% 70% 90% As you can see most sectors are right smack in the middle if not a little to the left. Use this guide to determine market risk. Currently we are in a normal market, not toppy, not oversold. Those sectors in Caps are sectors whose charts are in X's, those in lower case have charts in O's