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: Lost1 who wrote (6258)	2/16/2000 11:14:00 PM
From: Daveyk	Read Replies (1) of 9427

Thanks Lost 1.I Am printing and saving your explanation along with the chart.I had a few shares from 1/19 and more from early February but loaded the boat at 25 3/16 today based on traditional TA.Buy the breakout on first retreat when the volume and sector are ballistic.<g> OK;we know volume is BS right?Old habits.Bollinger bands were telegraphing this BO before it occurred,money flow has been tremendous into this one and whole sector so who could resist.Macd and stochastics suggested same.The shakeouts each point were fun to watch;nice little base created which suggests to me the breakout won't be challenged anytime soon.Come late April I'll have time to really study PnF.Right now school is grueling;I'm too old for that studying.Hehehe Best and gracias,Dave Edit,I see you're from Texas.I grew up a few miles south of Houston.Man do I miss the warmth!Been in Illinois since 67,bummer.

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