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

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To: Ms. X who wrote (7742)5/9/2000 9:13:00 PM
From: Jerry Olson  Read Replies (2) of 9427
 
Hiya Jammy..and you too T..

i'm on my way to bed to relax...

in all the years i've been trading these markets i have never seen such a convergence of negative charts all at one time...

please look at all the indexs..SPX-OEX-NDX-DOT-QQQ-etc

then look at the top tier big caps..INTC-AMAT-DELL-MSFT-ORCL-CSCO-AOL...

THIS IS NOT VERY PRETTY..in fact it has major downside implications, not like i've ever seen before...

i am in cash with major shorts planned on any rally...probably on the indexs...

my warmest regards to you both..we have not had a chance to talk much..but sure do miss it...

Jer
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