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

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To: miklosh who wrote (5604)1/28/2000 9:03:00 AM
From: Tommy Dorsey   of 9427
 
The double bottom would be the first in the uptrend and we consider the first sell signal in uptrends false. If the overall market goes to defense then all stocks are suspect. the rel str chart reversed up this week in cpq and this is a very good sign. Hold positions and don't sweat it. If the stock declines I surmise it will be dur to the market only. Keep in mind the OPTION stock BP has reversed. Since commissions are no longer a factor you can do what you need to do. Tom
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