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Non-Tech : Dorsey Wright & Associates. Point and Figure
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To: Tommy Dorsey who wrote (373)9/19/1999 1:44:00 AM
From: Jorj X Mckie  Read Replies (1) of 9427
 
Tom,
Has the market ever corrected significantly from levels where the sector BPs have a relatively healthy distribution? Looking at the list, I am guessing that the bell curve does not look exceedingly overbought. But the market does not look very healthy, both from a P&F point of view and from my FA point of view. Just curious about the historical view of corrections with the BP distribution.

Thanks,
Tom
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