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

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To: Ms. X who wrote ()1/21/2000 8:01:00 AM
From: Tommy Dorsey  Read Replies (1) of 9427
 
One more thing. There are many things that can cause market disruptions and one is cycle dates. The Kondratif (sp) wave is a 54 year phenonomen which I believe has much credibility going back hundreds of years. Other cycle dates can be important. I am not a cyclist besides my Harley but I do know one who I listen to who is the absolute best in the industry. Today marks a confluence of cycle dates that can have a disruptive effect on the market and has an error of one or two days. It is interesting that it is happening on expiration day. These cycle dates do not in any way affect my Supply/demand plans but they do open my eyes wide for opportunity. If we experience some disruption the next couple of days use it as an opportunity to catch some tech stocks especially, at support. Maybe nothing will happen, but it is times like this to pay attention. Tom
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