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

To: Jerry Olson who wrote (496)	9/24/1999 6:09:00 AM
From: Tommy Dorsey	Read Replies (5) \| Respond to of 9427

OJ my brother. I too am primarily bullish but I get my most pleasure being out of harms way when the hammer comes down. Kind of like slipping punches. I love making the market miss. Remember, if you rode the market down 1973-1974 it took you 7 1-2 years to get back even at the average rate of return on the S&P 500. In 1998 the average decline in the average stock was 40% according to DLJ. Many investors are still not back from that right cross and are further under water this year. Only 32% of the stocks on the NYSE are up this year and only 24% of the NASCAQ are up however 69% of the NASDAQ 100 largest stocks are up. That shows you where the action was. Right now give the market the Ropa-Dope and we'll KO it in the later rounds. Tom