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: Jerry Olson who wrote (561)	9/29/1999 3:25:00 PM
From: Ms. X	Read Replies (2) of 9427

Yup, it sure did. NYSE BP on a double bottom break. The OPTI is on a spread double break. High Low is on a spread double bottom break and them some. Good news is it is heading towards the low in September. The 10 week is on a spread triple break. The DJIA has broken so many bottoms and trend lines it should be pulled over and given a ticket. The Naz so far is holding it own but off its highs. Doctors always ask the patient to rate their pain on a scale from one to ten. I bet most investors are screaming "TEN" about now. Piffers are around a three and that's only 'cause they are anxious to start buying when the gettin' is good. We're gettin' towards last years lows, within 10 to 20 percentage points in most cases. The sector bell curve is left to middle. We will see tonight if the past week has made much of a difference. Last year the sector bell curve was way to the left by the end of the slide. It would be nice to have such an opportunity again. The DJBB has reversed up and all of the various indicators for the bonds have started to indicate a bottom MAY have been made. We continue to watch that.

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