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

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To: Tommy Dorsey who wrote (7240)4/14/2000 12:13:00 PM
From: Tigress  Read Replies (2) of 9427
 
Hi Tommy,

XLF - first sell signal in an uptrend. Disregard this downtrend esp in a major market correction? Or take cover?
Think this portend that financials have topped out?

Appears almost nothing is sacred in this market correction!

Back in the early 70's we had a trendless market with spurts , spudders (7% up & 7% down) & a few good rallies (35% up & 35% down). I understand that is what we have to look forward to for the next 2-5 yrs. Any comments?

TIA

Tig
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