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


To: Sir Auric Goldfinger who wrote (19786)5/11/1999 4:37:00 PM
From: Ms. X  Read Replies (1) | Respond to of 34811
 
Actaully, the Bond indicator went negative in December and has moved down significantly since then. Symbol djbb. This told us there would be pressure on the bonds etc. However, our main indicators have been positive showing the market broadening out.
With sectors about normal and nice rotation happening, I don't expect a correction. The techs just went through a minor correction as did the internets.

If the DJBB reverses back up, we have a low pole warning and that would be positive for the market.

Lag time? Don't know.