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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 672.07

-1.7%

Nov 13 4:00 PM EST

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To: Johnny Canuck who wrote (20477)	4/14/1999 9:36:00 AM
From: tech fool	Read Replies (1) of 67926

Harry, DWA site dorseywright.com Tom Dorsey has an excellent book on point & figure charting and has recently finished a second. He often posts on the p&f thread and will answer questions. The NYSEBP is a summary statistic that tracks the % of NYSE stocks (don't remember how many) on buy signals. Under 30 is oversold and over 70 is overbought. The NYSEBP hit 17 or so in September and reversed up -- big time buy signal. Last I looked it was at 40 and had been unchanged for over a month. I like the service, but haven't been using it much for the nets. This looks like the year for DSL, ORCTCF broke out and even my old dog WSTL is nearly even. It finally moved the day after I sold half my position.

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