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

To: Judy who wrote (20469)	5/26/1999 5:38:00 PM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 34823

Judy, I'll have to dig for it, but OJ definitely posted it on the "Ideas" thread. It was about 2 weeks ago, which I believe was before the fed expressed the bias. I'll see if I can find the messages, but that danged OJ is a bit of a prolific writer. Tom

To: Judy who wrote (20469)	5/26/1999 6:48:00 PM
From: Jorj X Mckie	Respond to of 34823

It looks like it happened on Monday, May 17th. This is the only reference that I could find, but I know that I first saw it in one of OJ's posts somewhere. techstocks.com

To: Judy who wrote (20469)	5/26/1999 7:13:00 PM
From: Ms. X	Respond to of 34823

Judy, The High Low reversed on May 17th and the 10 week a day later. The DJBB gave a sell signal in February indicating higher rates, which happened. Now the DJBB has reversed back up indicating the top in rates may have been reached. Now with the OPTI reversing we are on alert for a continued move down in the market. We now watch the NYSE BP for a reversal and if that happens well, it isn't pretty. The Dow may have rallies as well as nasdaq and some stocks but it will be important to see if these rallies create lower tops or buy signals. With the OPTI negative, they will probably be lower tops.