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Non-Tech : Dorsey Wright & Associates. Point and Figure
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To: Ms. X who wrote (7774)5/10/2000 7:29:00 PM
From: Jorj X Mckie  Read Replies (2) of 9427
 
Jan,
I don't remember reading about the RSX and PT charts in the "book" and nor do I have access to them from the cheap seats. I think that it would be valuable to know that there are other P&F indicators that cause the bullish percent charts to become null and void or indicates that they now act contrary to their intended purpose.

I say this because the main BPs have been acting completely out of phase to their intended purpose (buy signals when we should be selling and vice versa) since the beginning of the year. Either these RSX and PT charts need to be made available to the cheap seats to help us judge when to believe the BPs or the BP charts need to be updated daily and with a different granularity so that they are more in phase with the actual market conditions.

Tom
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