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

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To: Riskmgmt who wrote (7760)5/10/2000 10:07:00 AM
From: J.B.C.  Read Replies (1) of 9427
 
DJBB is key here. As well as look at the indices such as NASD, below BRL. My opinion is that in this situation that when the indicators go to O's that would be the stronger directional move. Just as when the indices (such as NASD) are above there BSL, you can hold when the indicators go to O's and not get hurt badly, but when they go to X's you get the great moves. Hope this is understandable.

JMHO.

Jim
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