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

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To: Ms. X who wrote (7762)5/10/2000 10:22:00 AM
From: Riskmgmt  Read Replies (1) of 9427
 
Or we can say
perceived bearishness.
.

I think we can safely say actual bearish. Dow and NASD down triple digits now.

It would seem OJ's view is correct. The difficulty I have is understanding why the indicators are in "X"'s. It is not just the techs getting sold off yet we are showing more demand than supply?

I don't get it.

Ray
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