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: Tommy Dorsey who wrote (9045)	8/28/2000 10:11:34 AM
From: Hardline	Read Replies (3) of 9427

Well I have been gone for a while but I am back and have a couple of P&F questions. Friday, there was a false report on EMLX. It did not effect their chart negatively because they were on an up trend. When the stock re-opened, it spiked well above its previous closing price and then settled down below the closing price. Question 1 - Should not this day be removed from the EMLX chart to get a true picture because is that spike is not valid. In addition, QLGC was on a down trend and got caught up in EMLX story. Their stock drop almost 50% but recovered after the EMLX news was discovered as a hoax. Question 2 - Shouldn't this day be removed from the QLGC chart because if they make it to 116, the PO for this stock will be about 200....but is that really the true picture? Hardline

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