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: Gottfried who wrote (7321)	4/16/2000 4:28:00 PM
From: Tommy Dorsey	Read Replies (1) of 9427

I will be unplugged but my phone will be on. It always happens this way. The week I need to be in the office the most I am committed to go away. It's in the script. Maybe everything will just calm down. Our switch away from OTC and too NYSE has kept us in good shape, however not many listened and are in bad shape. The good news for the fed is Greenspan has kept money supply up. He raises rates and then buys back long treasuries putting more punch in the punch bow. If he does in fact take away the punch bowl, that is where the real trouble will begin. Keep in mind the market looks ahead. When it looks the darkest for the media the mrket will look ahead. Remember Greenspan in October 1990 reported to the U.S. citizens that we were in a recession. The NYSE BP figured that out one year earlier and took appropriate defensive action. When he actually told the public they were in a recession the NYSE BP took appropriate action again and went to offense. T

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