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Non-Tech : Dorsey Wright & Associates. Point and Figure
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To: Nikita who wrote (2135)11/26/1999 6:58:00 AM
From: Mr. BSL  Read Replies (1) of 9427
 
<I was sitting on cash in my 401(k) until the
NYSE bullish percent reversed up and then I went into
the market. Their philosophy is working for me.>

Good move N. But remember that the NYSE BP covers a bunch of stocks and most 401Ks are in big cap / index funds that are effected by a only handful of stocks. It hasn't been unusual for the NYSE BP to turn down and the major averages follow weeks or months later. FWIW, I use the 30 week for risk level for those big cap funds in my 401K that I am stuck with.

Dick
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