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Non-Tech : Dorsey Wright & Associates. Point and Figure
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To: Cape Blanco who wrote (1907)11/18/1999 4:18:00 PM
From: Ms. X  Read Replies (1) of 9427
 
APLX has all kinds of good things happening...
First, the RS is in X's and as Bruce pointed out, close to a buy sig.
The sector is excellent and the momentum is positive. Also it did
break the Bearish resistance line (BRL), always a good thing.

27
26
25
24 X *
23 X O *
22 X O *
21 X O *
20 X O X -* --------------------------------
19.5 X O X O *
19.0 X O X O---* ----------------------------
18.5 X O X O *
18.0 X O X O-------* ------------------------
17.5 X O X O *
17.0 X O X O-----------* --------X ----------
16.5 X O X O * X
16.0 X O X O-X ------------* * --X <--broke the BRL here.
15.5 X O X O X O X * X Also a spread double top
15.0 X O X O X O X O --------X --X O X ----
14.5 X O X O O X O X <--Triple top break
14.0 ----X 9 X ----O --O X --X --X O X O X ----------
13.5 X O X O X O X O X O X O X 13.5
13.0 ----X O ----------O X O X O X O X O X ---------- 13.0
12.5 X O O A O X O X O 12.5
12.0 ----X --------------* O X O X O ----*Higher bottoms being created
11.5 X * O X O B * (the O's are one or two
11.0 ----X ----------* ----O --O X --* ----boxes higher than the prior
10.5 X * O X * O's)
10.0 ----X --* ------------O * Created a new BSL.

Welcome Bro.
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