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pstuartb

05/04/03 6:27 PM

#104318 RE: Jerry Olson #104315

Jerry, I'm curious about that too...I'm no pnf expert, far from it, but the bpcompq is 5% away from its all time high, and it has turned around here, or at lower levels, on a number of occasions. Seems toppy to me, bwdik...

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TREND1

05/04/03 6:31 PM

#104319 RE: Jerry Olson #104315

Come on Jerry
Are you trying to tell aj99 and I
that high BP readings are the same
as low BP readings ?

here ...read this.....(g)

see #msg-975084

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ajtj99

05/04/03 10:29 PM

#104365 RE: Jerry Olson #104315

OJ, all I'm saying is that when you refer to P&F, you are most likely referring to the S&P and NYA, not the NDX or COMP, which is a proxy for most of your trades. However, we rarely hear that. Even in this post you called them "coaches". I think it's just something that ought to be acknowledged, that's all.

As for my reading of P&F, what I see works just fine. I've found you can apply T/A to the BP Charts just like anything else. That's why I have concern about the 54-56 level on the BPCOMP chart. That's why I see the 82 level on the BPNDX chart as a possible target (and yes, that's 9-points, like 9-NDX stocks that do not yet have bullish P&F charts to make a double top at 82).

Anyway, I'll just assume you're pissed because the Pistons are going to wax the Sixers and leave it at that (even though I think you don't follow basketball).