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


To: Tommy Dorsey who wrote (542)9/28/1999 8:36:00 PM
From: Jorj X Mckie  Read Replies (3) | Respond to of 9427
 
Tom,
Do you see any reason to be getting bullish around here? The BPHILO is getting into the severely oversold area, but we just got some pretty significant sell signals on the SPX (look at the 10pt chart) and the DJIA.

Tom



To: Tommy Dorsey who wrote (542)9/28/1999 8:56:00 PM
From: Gottfried  Read Replies (1) | Respond to of 9427
 
I'll save the list it on the archive thread. G. [end]



To: Tommy Dorsey who wrote (542)9/28/1999 10:09:00 PM
From: Casaubon  Read Replies (2) | Respond to of 9427
 
Tom,

First of all, I just want to commend the quality of your service and your accessibility on the thread. Very classy.

Second, I noticed your comments about AOL in, "From the Analyst 09/28/1999". I laughed because, I had put in a limit order to buy some puts Monday morning. I got a shiver through my body and cancelled the order. Something I read was never short the "Leaders", and when I tried to do it, my subconscious wouldn't let me! In my opinion, even though I consider the stock to be overvalued, it is a mania stock and a leader to boot.

Third, you discussed the fallacy of of removing only the 10 best days as the reason to not attempt market timing. I had a fund guy use that exact argument on me recently. I stopped him dead in his tracks with the exact rebuttal you wrote. Statistcally, you must also removed the ten worst days, to do the calculation. He just shut up.

Fourth, some of the stocks have a box size selector on the DWA stock charts. I was wondering if you could include a box size drop down menu to select whatever box size you wanted from 1/4 to 5 points. It would be a great addition to the service!

Thanks!