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Non-Tech : Dorsey Wright & Associates. Point and Figure
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To: Al Serrao who wrote (5385)1/25/2000 11:26:00 AM
From: Ms. X  Read Replies (1) of 9427
 
Well, certainly off the high pole a reversal down and then reversal up would be your trade entry.

Now, if you are willing to put the effort in to watch it you can do a trade on this without waiting.

Take a look at the low, it is 150 on the chart. In your mind put the O's in for the reversal. It is now at least a three box above that so in your mind put the reversal up to X's. Enter your trade - WATCH IT CAREFULLY!!!!!

You are now aggressively trading the stock. Your stop on the day is 148, the stop created in your fantasy chart :-)
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