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: Tulvio Durand who wrote (4777)	1/12/2000 12:10:00 PM
From: Ms. X	Read Replies (3) of 9427

A Tale of Two Cree's by Ms. X. ahem Once upon a time - or was it yesterday? Well anyway. The first Cree, being in the 1 box block was the kind of town that had a night life that ran well into the morning. Creetins, as were the inhabitants called, stumbled about aimlessly sometimes breaking out in a run at their fastest speeds only to jump off the cliff located at the edge of town, into the dark, cold waters of immersed desperation. It was a town in much need of Prozac diluted into the water supply but because of budget cuts and political red tape the Creetins were left to destroy themselves in a frenzy between desperation and glee... OK, enough of that. The chart. One box is too hard to make a determination because it is all over the place. Breaks resistance, breaks support, breaks this, breaks that... Can drive a person insane but the trend is, in general, positive. I would wait for a double top break at 84 to enter IF there is a decent support close to and providing a trade stop. On the two box a pullback to 74 would be a good entry. That gives you a stop at 66. You have to use this box size to analyze this chart. I didn't look to see what the stock is doing today.

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