Dorsey Wright & Associates. Point and Figure Message Board

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

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To: Doppler who wrote (5682)	1/30/2000 12:43:00 PM
From: Jerry Olson	of 9427

My read on the OEX, is this...it broke a triple bottom at 745, on the 5 box chart..reversed up here and depending on MON-thru Wed if it continues up, a perfect retrace could 765/770 the double top...i would short it there hard, esp. if the NYSEBP reversed down this week... as in almost all triple tops and bottoms...they retrace first before completeing those nice "Catapult" formations that are so near and dear to my pocketbook<G>... i love pattern trading...it's better than anything i've ever seen before..even when daytrading... actually the Comp was very strong..and could be harder to topple... now if the OEX breaks 735, it's gonna tank hard right here...right now it's looks like it could free fall... so we watch it next week, and try to trade it like Piffers Pros //////////

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