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: J.B.C. who wrote (6820)	3/16/2000 6:53:00 PM
From: Tommy Dorsey	Read Replies (2) of 9427

I'm sure it will. We have been discussing it in teh reports of late that we are at the point where it often bottoms. I mentioned on CNBC the other night with Ted David that we were at a bottom and he said he would hold me to it. Can't wait for his show again in a couple of weeks. I'll also be on tomorrow morning. We have also discussed the stocks like K, Albertsons etc. that were at bottoms not seen for a decade. Banks are the place to be and expect a pullback next week as this is options expiration week. often we see pulllbacks on week after experiation and that will be good for entry points.Times like this is where no one can find a better indicator than the BP's for forcing to get in low and out high. IT is also where the art c0omes in when the index is this low and holding tough, one looks for stocks and sectors that have gone through their own bear markets and begin to en ter early. The High Low rising last week was very powerful. Just back from week vacation in San Fran. so have been away from the SI site and am back now. Off to cnbc tomorrow and back afternoon. Tom

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