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: chartseer who wrote (9051)	9/3/2000 8:14:08 AM
From: chartseer	Read Replies (2) of 9427

FWIW/Nothing Price objectives I do not believe in price objectives as price objectives. Rather I use price objectives and more important change of price objectives as directional keys. For example this past week the price objective of MIKE was 76. MIKE never got near 76 as it topped out at 49 5/8. New price objective is 30 as chart broke through BSL and spiked down to 34 1/2. Price objective of PALM this week just changed from 25 to 67. Price objective of MSFT is still 53. I doubt it will hit 53 as I "see" bottom here at fraction below 70. Then again what the heck do I know? chartseer

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