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

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To: Riskmgmt who wrote (7760)5/10/2000 10:03:00 AM
From: Ms. X  Read Replies (1) of 9427
 
Yes, OJ is certainly extremely bearish but I don't think you can see everyone is that dramatic.

I've been saying for a while that the market looked to me like it would be more sideways, which I think it has been to some extent and that is in fact - bearish. Or we can say perceived bearishness.

The indicators while in X's, are floating around the same area, not really moving up or down. The OPTI did have a nice move but I believe it will poop out - again.

What this means is the pickings are slim especially for those that are expecting, and used to, large market rallies.
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