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Non-Tech : Dorsey Wright & Associates. Point and Figure
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To: Augustus Gloop who wrote (652)10/4/1999 11:39:00 PM
From: Ms. X  Read Replies (1) of 9427
 
QWST would only be for the very aggressive right now. With the RS in O's and it below trend, I wouldn't jump on it here. I'd rather wait to make sure than suffer a lose.

There are too many stocks that are RS in X's, above trend and making huge base breaks to be considering an RS in O's right now.

However, you are right about a mini triangle but a mini triangle isn't enough right here. If the indicators were positive etc it may be a little more easy to do.

Let's see what it does.

Jan I am
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