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Non-Tech : Dorsey Wright & Associates. Point and Figure
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To: Tommy Dorsey who wrote (2968)12/13/1999 11:40:00 PM
From: dave b  Read Replies (1) of 9427
 
Tommy, with respect to BGEN, when you look at the 2pt chart, it shows a double bottom at 64 followed by a buy signal and now the start of a shakeout, all still above the 2pt BSL.

However, the 1pt chart says the trend is negative.

What advice do you have for those times when different scales on a chart suggest differing outlooks on a stock? Is this where the 'art' comes in?

PS Nice call on GBLX :^)
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