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Non-Tech : Dorsey Wright & Associates. Point and Figure
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To: Tommy Dorsey who wrote (2167)11/27/1999 6:05:00 PM
From: Jorj X Mckie  Read Replies (3) of 9427
 
Tommy D!!!!!!
Gotta love this internet thingamajig. Here you are in Euroland talking to us like you were right down the street. Someday, I might actually get up enough courage to get involved with one of them there new fangled internet companies.<g>

Looks like some other very knowledgeable SI members are calling for the Big Kahuna this coming week. Caused me to peek at the charts over and over again to see if I was missing something. It actually looks like the major BPs except for the HiLo remained stable or got better.
One of the things that is being brought up is the weakness in the dollar, I looked at the charts for those puppies and either I don't know how to interpret them or they actually look downright strong.

The other thing that is being brought up is the VIX, but it looks like we have serious support at 20, so I think that I will remain bullish with a short term cautious approach just to respect the HiLo.

Do you think that the strength in the commodities portends inflation later next year?

Tom
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