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

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To: Tommy Dorsey who wrote (6825)3/16/2000 7:54:00 PM
From: Jorj X Mckie  Read Replies (1) of 9427
 
Tommy, I just looked at "today's patterns" and believe it or not, there are still close to the same number of bullish to bearish patterns as there was yesterday. Also, if you look at the nh/nl quote.yahoo.com, I doubt that it budged much either.

Certainly the chart action for the DJIA and SPX was spectacular, but then again, we are coming up to resistance on both of them. I, for one, will wait for a little bit more confirmation that the bullish plan is in place before getting my long johns on.

Hope you are well,
Tom
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