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

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To: Hardline who wrote (4434)1/5/2000 11:46:00 AM
From: Ms. X  Read Replies (1) of 9427
 
The indicators were hit but no reversal on the NYSE BP. That thing has been holding tough. It wants to be in X's and nothing is changing its mind at this point. Gotta love that. So, if it did turn we'd have to wonder...

The OPTI that was so close to reversing is now not close to reversing up. We'll watch again what today brings.

What I'm seeing though is the opportunity for buy points at lower levels. I think we needed a break so the charts could gain some support, a footing, and then move on.

It isn't fun on a down day at all. But, I guess that is a good day to watch Murder She Wrote, Matlock and cartoons. CNBC is NOT the show to watch.
They are soooo excitable! Sheesh.
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