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Non-Tech : Dorsey Wright & Associates. Point and Figure
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To: Tommy Dorsey who wrote (539)9/28/1999 7:52:00 PM
From: Gottfried  Read Replies (2) of 9427
 
TD, [edited] as you know, on other threads people are discussing the overvaluation of the market [as measured by the big indices]. Usually someone points out how just a few large stocks skew the valuations. It occurred to me all that controvery could be avoided if PnF market indicators were universally adopted [never happen]. No more valuation worries for the whole market and a truer picture of market health. I suspect the powers that be have a strong interest in keeping the status quo.

Craig Richards did an interesting scan.
Message 11389894
>Here's a list of 130 NASDAQ stocks with a market cap > $1 billion and no earnings (i.e. losses).<

Gottfried
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