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

To: James Strauss who wrote (20381)	5/25/1999 11:54:00 PM
From: Ms. X	Read Replies (2) \| Respond to of 34809

Optionable Bullish Percent Reverses Down!!! Today reversed the BPOPTI into a column of O's. This brings us back to being more defensive. The reversal comes at a lower top with support at 40% which is where it was in February. This is, as you know, the indicator that hints to the direction of the NYSE BP. We don't know for sure what will happen but this is a short term negative for the market. NYSE BP is still in X's and not close to reversing down. Make sure stops are in place. Jan I am