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

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To: Tommy Dorsey who wrote (8599)7/6/2000 11:30:14 AM
From: SpecialK  Read Replies (1) of 9427
 
TKLC PO calculation:
1st buy signal off the bottom is 28 to 32 = 5 Xs
5 X 3 = 15 added to the low X of 28 gives me 43.

It has already gone to 50 and has now reversed to 43. When a stock reaches the objective, does it generate a new higher objective.
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