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Non-Tech : Dorsey Wright & Associates. Point and Figure
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To: Jorj X Mckie who wrote (8055)5/18/2000 4:56:00 PM
From: John Pitera  Read Replies (1) of 9427
 
Hi Tom,

CSCO is pulling into the 200 DMA ave station right about
on schedule, I'm starting to get Downright bullish on
CSCO, I came very close to buying some today, Maybe one
or two more days.

It looks like CSCO will have a very nice momentum divergence
buy signal as well.

I would actually prefer it to take out the April
Low in the next few days, and hit or get very close to
the 200 DMA.

A rally off of the april low right now would probably set up
a weak rally and then a break of the april low and a
touching of the 200 DMA in 3 or 4 weeks.

JMO

John
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