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


To: Dana Johnson who wrote (20427)5/26/1999 1:02:00 PM
From: Ms. X  Respond to of 34810
 
It doesn't work that way. The OPTI isn't that sensitive. It is a longer term picture.
Tom mentioned that the turn was fast but that doesn't negate the signal.
No second guessing or trying to figure out why. It is and it did. Look at the chart of the BPOPTI and you will see how it operates. Remember two of the short term indicators had already turned positive.

The buy opportunity will come when the short term indicators the 10 week and High Low as well as the OPTI reverse up. Until then, we are defensive.