SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Dorsey Wright & Associates. Point and Figure

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Riskmgmt who wrote (7248)4/14/2000 2:46:00 PM
From: Mr. BSL  Read Replies (1) of 9427
 
Hi Ray. Most indicators are positive but many of the tech sector charts turned down from high levels a few weeks ago and when that happens (spring 96, mar 97, jul 98 for example) the NAZ gets pounded. Plus the wide OTC / NYSE divergence is new to all of us so most are proceeding with caution into uncharted territory IMO. We are all waiting for a bottom and many are using classic price volume action charts to find this bottom. Hopefully, the future market cycles will have the OTC and NYSE in tandem so we can go back to shooting fish in a barrel !

FWIW, Dick
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext