Dorsey Wright & Associates. Point and Figure Message Board

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

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To: Jorj X Mckie who wrote (3209)	12/15/1999 11:50:00 PM
From: Ms. X	Read Replies (1) of 9427

Yes, poop for long and glee for shorts. Although, it is reversing down at a very low level and this brings the NYSE BP back into the 30's again. That ain't bad. Sets up a buy signal at a low level which could prove to be very powerful should it occur. It will occur just a matter of when. Don't know if you have to go to cash with it this low but I think things will move lower, selectively that is, and better pullbacks will be available soon. Maybe this moves fast like it did in October... who knows? You wouldn't have gotten this reversal by hitting reload. The internals don't come out until about 7 or 8 our time well after the chart has been set for the day by the database. Wouldn't show up until tomorrow if indeed it does reverse on the externals. DWA will have it splashed in red before the chart shows the reversal me thinks.

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