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

To: JDinBaltimore who wrote (1093)	10/16/1999 9:26:00 AM
From: J.B.C.	Respond to of 9427

P&F is not really good for predicting daily action, better to categorize it as a trend indicator. The trend has been down recently in most of our major indicators. What they are telling us though is that there's a bottom here shortly as we're approaching oversold conditions everywhere. Best course of action: protect your gains with stops, let the indicators tell us when to go long, don't bet the farm yet. Follow this thread, you'll find out when it's time to throw the bomb with a good chance of scoring the game winning touchdown. Jim