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

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To: mph who wrote (1525)11/5/1999 12:03:00 AM
From: Ms. X  Read Replies (1) of 9427
 
So, everyone just follow me here.

The PnF indicators have just turned positive, right?
The Dow just broke its bearish resistance line and has pulled back a smidge.
The SPX reversed down and now back up creating a nice close stop...

So what is wrong with the idea of buying SPX leaps?

The idea gives me warm fuzzies.

For those that don't like options, the Spyders (SPY) look very very good too.
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