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: Jerry Olson who wrote (4719)	1/11/2000 8:56:00 PM
From: Mr. BSL	Read Replies (2) of 9427

Hi Jerry. A/D line turning up, BPNYSE in X below fifty and a nice sector bell curve bodes well. However, the NASDAQ since mid October is nuts. This has to correct. Also, I keep hearing this voice - "Don't fight the fed - Don't fight the fed - Don't fight the fed"!!!! I'm hedging my PBHEX, MNNCX, VWEGX & RSEGX with USPIX until the NAS corrects or earnings catch up with the prices (in about 15 years!!!!!!!) Otherwise, the mid cap growth stuff with earnings is OK IMO. I'll also get some fuel cell stuff in the next month or so. Take care my friend. Dick

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