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

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To: Ditchdigger who wrote (6352)2/18/2000 9:50:00 AM
From: Mr. BSL  Read Replies (1) of 9427
 
Hello DD. BIO's and HCARE funds are on fire. I missed the boat on these guys this year. I share your sentiments - with the market leaders you mentioned breaking down, we are in for a correction IMHO. If the BPNYSE turns up from these low levels, I'll be loading up. Until then, my aggressive mutual funds are hedged with with USPIX . I wouldn't sell any long term stuff but I'd want my beta below 0.5 until the major averages start moving in the same direction. Congratulations on JAGLX.

Dick
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