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Non-Tech : Dorsey Wright & Associates. Point and Figure
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To: Hardline who wrote (3576)12/22/1999 7:12:00 PM
From: james ball  Read Replies (2) of 9427
 
Yes, that is typical. I also like to search out those that have been negative for an extended period of time (like 12 weeks) and try to put those togther with a good chart. Then watch for the momentum to turn positive along with the strong chart. A couple of examples might be CTEC which is has set up a potential triangle which would be great to catch at the same time the momentum turns positive and HRD which is working a shakeout. Both of these momentums have been negative for more than 12 weeks. j
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