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

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To: Jeff Jordan who wrote (3270)12/16/1999 2:43:00 PM
From: papi riqui  Read Replies (1) of 9427
 
ASDS

I don't know Jeff. It has held at the uptrend line, so far, which is good, but the trading day ain't over. With the PnF indicators turning negative, I would still be a little cautious, but that's just me. If you've got the guts, you can nibble here (I wouldn't go whole hog), but I'd keep a close stop in case it breaks the uptrend line (also a spread DB Break). I have traded ASDS before and I will look to buy it again on the reversal up. Good luck
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