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

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To: Ms. X who wrote ()10/6/1999 4:17:00 PM
From: Tommy Dorsey  Read Replies (3) of 9427
 
Numbers today have Percent of 10 close to a reversal, today should do it. High Low up but no reversal but watch new low and new high for idea of what way its going. NYSE Down again last week and sectors shifted left again. Many stocks I sold 3 weeks ago are are lower today even with the rally. Everything beginning to shape up. Brokers at 25% should be great ride might nibble at 100% oversold levels on some stocks. Would take trading profits as they materialize until short term indicators reverse up. Night be around the corner. This time they come from lower levels on the BPls and have a higher probablilty of spilling over to long term,that still remains to be seen. T
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