Replies to post #97541 on Zeev's Turnips Patch-No Politics (ZEEV)

[Jerry Olson]

JCOM explosion..ohh thatsa nice..

YHOO a monster despite Barron's bashing

[was Steve]

Steve..obviously you are not a P&F expert<g> thats a fact, but i sure am grateful someone created that form of charting as i absoluteley love the bp indexes. great tools for mid to long range planning.

i have never even heard of opti. my guess is it wont come up on stockcharts. the nas had its first negative day yesterday which is odd since we were up so much. spx had three red days in a row but went green again yest. (reffering to the bpcompq and bpspx).

good luck
steve

[WinLoseOrDraw]

The Man is on your side, at least for the next 2-3 days. AJC making an appearance, on CNBS today, superb bear-market indicator says we should top thu/mon.

[ajtj99]

OJ, I have noticed that trendlines work on the BP charts. The BPCOMP daily chart has a trendline intersecting the 44 area right now. If we touch that, odds favor we turn back down.
If we burst through it, you can dance your bull dance.

I agree the BPNYA and BPSPX are not yet overbought. I looked at them yesterday and could not find a sufficient reason for them to turn down. However, they turned down in August without sufficient reason also.

Sometimes it can just take the BPCOMP turning down to turn everything down, just like the BPSPX turning up at an extremely low level in March turned the BPCOMP up from a neutral level.