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

To: james ball who wrote (20049)	5/15/1999 8:17:00 PM
From: Ms. X	Respond to of 34811

Market update for all y'all. Looking at the total buys vs sells this week, the buys were on top by quite a bit. Double Tops 408 Triple Tops 92 Double Bottoms 104 Triple Bottoms 25 As Tommy had mentioned, the High Low and 10 Week are both over bought right here but still moving up. All indicators are still in X's and last weeks reading showed them moving up as well. Friday's action didn't do anything to change the charts from X's to O's. Will take a lot more than that! The DJBB (Dow Jones 20 Bond) is at 103.20 and at the bottom of the trading band. A reading of 103.8 would be a reversal up on the chart and a low pole warning. For the Dow watchers: The DJIA has hit resistance twice at 11,000 and has reversed down again. It could be creating a shakeout pattern but we will have to wait and see. There is support on the chart at 10800 and 10850. After those two support levels the next is at 10350. The momentum has reversed negative which is typical with a reversal down on the chart. The Nasdaq has reversed down from a lower top from its high in April. The chart is on a buy signal with support down at 2470 and 2440. Next support after that is down at 2330 (the low from April). The nas chart is a little psycho right now which I'm sure doesn't suprise anyone at this time. The 20 box version takes some of the psycho out and the support levels are pretty much the same. Actually, it shows good support to 2340. Momentum is also negative (pullback). No real news on the week. We haven't reversed down, we haven't broken support, just pulled back and took a breather. I think I heard Tuesday is the meeting so Monday should be interesting. Here are the symbols for the indicator charts. dorseywright.com Dow Jones - DJIA Nasdaq - NASD NYSE BP - BPNYSE Optional BP - BPOPTI Over the Counter BP - BPOTC Dow Jones 20 Bond - DJBB High Low Index - HILO 10 Week Trading Band - 10week Have a great weekend everyone!

To: james ball who wrote (20049)	5/15/1999 8:39:00 PM
From: HoodBuilder	Read Replies (1) \| Respond to of 34811

Tom, Pretty soon your following will rival Cramer's and DW.com will be another net IPO that everybody wants. I would like to put my order in now for 1,000 shares. Just debit my credit card along with the quarterly fee. BTW, will the rates be going up now that you're adding video? Mike Schurr

To: james ball who wrote (20049)	5/15/1999 9:19:00 PM
From: wizzards wine	Read Replies (1) \| Respond to of 34811

Tom Please Put me in the number 2 spot to take the TEST!!! Going To Try and Teach The Frogs Soon... Want to trade???? They are So French!!!!!! Later Preston