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: Tommy Dorsey who wrote (6415)	2/22/2000 10:08:00 PM
From: Doppler	Read Replies (2) of 9427

Tommy- As has already been pointed out the DJIA and SPX bounced off daily 100% oversold readings today. A question though, I remember reading that we shouldn't trade strictly on overbought/oversold indicators. Should we wait for a 3 box reversal which will print tomorrow. Also what do you think of NEM. With our current coach preaching defense I was thinking that it looked good. Came within 7 cents today of breaking a quintuple top.

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