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


To: Lost1 who wrote (1039)10/14/1999 8:12:00 PM
From: Augustus Gloop  Read Replies (1) | Respond to of 9427
 
Not going to be in Vegas:-(. I am going to be watching Favre put up more MVP numbers and Dallas crash and burn...hee hee. According to the investment bible / internet site I think I'm going to have to sell MDT. Who would have thought that after a mere 10 years in the business I'd be thinking you can't teach an old dog new tricks? Ten days ago I thought and agreed with TD that MDT was an obvious value compared to BSX and other similar stocks. In thinking this, I took it upon myself to put several good clients in partial positions. Now ten days later, I find myself pondering the value???? What the hell do I say to the client? Ahh MR. XYZ, Ah, Ah, ya know that MDT that I said looked good....ah, well ah, nothing fundamental has changed but it just doesn't look good anymore. I don't know how you can just flip flop like a carp on the side of a river bank. Anyhow, here is a chart on MDT over the past 2 years.

bigcharts.com

Do we really believe this stock is going to break below 28-29?