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

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To: Bruce Ravelson who wrote (8771)7/22/2000 10:21:25 PM
From: Lost1  Read Replies (1) of 9427
 
Bruce, It looks like SRTI hasn't ben trading long...Recent IPO? The chart looks strong..big PO..buy sig. Since the trade stop would be 48 I'd think a pullback would be needed to enter this one or buy a partial position. It closed just above 54. 54 would cause it to reverse back down and set up a better stop on the reversal back up. So 54 or 58 will tell the story. Wait and see might be the answer here.

Adios
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