Dorsey Wright & Associates. Point and Figure Message Board

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

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To: Jerry Olson who wrote (7880)	5/14/2000 8:07:00 AM
From: Tommy Dorsey	Read Replies (1) of 9427

thanx Big Jerry, good comments and straight forward. I will have Jay look at much of it. The only thing I can add that hasn't been said in the last two days is theat sometimes the market does get extremely volatile and no indicator works as intended. When you get weeks of 14-16% moves in the OTC bp's something is wrong and it pays to step back. I surmise that things will get back to normal where everything works as it has in the past. However there will be times when this volatility comes back and it once again will pay to step back and re-evaluate. Keep in mind too Jerry that many of the stocks people were trading necessitated a 5 point box. These are too volatile for the most seasoned traders. Like RMBS and others. This also plays into it. As usual Jerry I can count on a cool straight forward answer. Thanx Have a great Sunday. Jay will check much of what was said and see if there is something we can do. I'll be gone most of next week so will not be able to respond much after today. t

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