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

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To: Logain Ablar who wrote (5270)	1/28/2000 2:43:00 AM
From: miklosh	Read Replies (1) of 9427

Hi Tom and all. Just received my pnf book today and have been plowing through it and practicing at Tom's web site. I am really pleased at how straight forward the system is. Lots of fun! I hope that y'all will be patient with me if I ask some questions from time to time in order to get up to speed. I am looking forward to improving on my appalling sense of timing for selling stocks<G>. I was looking at the cpq chart (long @ 23)and noticed that if it trades at or below 27 on friday then we have a downward trending graph with a new double bottom, which was preceded last by a double top. Is this correct? If so, is there a particular significance associated with this pattern? Would this be a sell signal? What significance would: a)a reversal into x's or b)a new double top at 34 have? thanks and best regards Miklosh

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