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Non-Tech : Dorsey Wright & Associates. Point and Figure
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To: PuddleGlum who wrote (7641)5/3/2000 12:31:00 AM
From: miklosh  Read Replies (1) of 9427
 
Message 13542138

Hi PuddleGlum.

Yup. I've been long this puppy for some time now (bought at 20 and again at 17).

According to Tom's book:
"The more times a stock bounces off a resistance level,the stronger the breakout will be when it comes"

Using Qpnf and yahoo data, I got a quintuple top breakout at 26.

Looks like next resitance is 29-30. Any thoughts as to how high this will go, or is this a suckers rally and should I take my profits and run?

Good luck to all who've had their patience tested by NEM. I know I have :0)

regards
Miklosh
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