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

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To: Rainy_Day_Woman who wrote (3228)12/16/1999 1:10:00 AM
From: Jorj X Mckie  Read Replies (3) of 9427
 
Foxlette,
The chart for GBLX is in a perfect buying range. Unfortunately, it looks like the main P&F market indicators are going bearish. This would suggest that you should use caution when entering a long position right now. GBLX recently penetrated resistance at 48, but has pulled back and and looks to be perfect for re-entry. Again, assuming that the market conditions support it.

JXM
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