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Non-Tech : Dorsey Wright & Associates. Point and Figure -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (123)9/7/1999 9:38:00 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 9427
 
Patrick
Probably best to go to the main P&F thread to ask the question. There are several people over there that use other P&F charting packages.
Subject 5671

My read on the SPU9 is the following:
It has been on a nice run up after giving a couple of sell signals. It is getting close to the downward trending resistance line at 1372. If I was position trading (not that I would do that with the spoos), I would be shorting somewhere between 1368 and 1372.

This is just looking at the chart without really understanding how the spoos trade, but I doubt that it is really appropriate for daytrading the spoos.

Tom