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Strategies & Market Trends : Tom Dorsey Q&A
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To: Ms. X who wrote ()3/1/1998 6:27:00 PM
From: Ms. X   of 102
 
Intro to Anatomy of a Market Correction.

OK folks. I compiled the information.
What I have done is incorporate the market indicators with comments made by Tom Dorsey and Dorsey Wright and Associates. This will be in several posts.
In two other posts I have put together the technical data/percentages and the sector bell curves.

This is very interesting. I hope you all will see how the market indicators move prior to a correction. Most glaring example will be the sector bell curves and how overbought the market was.
As I said, there is no way anyone can tell you "starting tomorrow the market will do this...". However, these indicators showed without any doubt, the market was in very risky territory and caution should have been the strategy.

Jan

This is being printed with the permission of Dorsey Wright and Associates. Any other uses must be cleared by them, prior.
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