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Non-Tech : Dorsey Wright & Associates. Point and Figure

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To: Al Serrao who wrote (1825)11/18/1999 5:52:00 PM
From: Mr. BSL   of 9427
 
Al, Once you have established your positions, where will you plan your exits? Will you trade these positions or simply buy and hold until there is a NYSEBP reversal?
I'll hold them all until market conditions change. (BPNYSE turning down from a high level or markets stalling with high sentiment or the advance thinning out etc.)
When market conditions change I'll sell the weaker MFs and hedge the stronger ones. For now, we should enjoy the ride. Its seems that the MFs that take the lead in the 3 or 5 days after the BPNYSE turns up always seem to be at the front of the pack when the run is over!

Good Luck, Dick
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