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Non-Tech : Dorsey Wright & Associates. Point and Figure
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To: Tommy Dorsey who wrote (8050)5/20/2000 3:29:00 AM
From: jack bittner  Read Replies (2) of 9427
 
what is the trend line

what does this mean "Especially the pro's". does it mean:
you pro's keep in mnd the volatility ... or does it mean
keep in mind the volatility of the stocks owned by the pro's

and what does this mean: "the percent of stock on RS X's"

4200 will be the center of what bell curve?

". The longer term picture places a higher probability of an upmove in the NDX than a down move simply because it resides below the center line"

the ndx is the nasdaq composite, i guess, but what do you mean by "resides below the center line". and why, if it resides below the center line (whatever that is) does that militate that the ndx must rise?

thanks for whatever clarification you may give and for you sensitive rendition of Sunny Side of the Street in the '30's. looks like we are now on the shady side.
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