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


To: Tommy Dorsey who wrote (1394)10/30/1999 6:22:00 PM
From: Rich1  Read Replies (1) | Respond to of 9427
 
Excuse me for my ignorance with these reversals is it now a good opportunity to get back in. Seems to be by the time all the indicators turn back up the market will have reached a new high. Some stocks like JDSU, GMST, QCOM,CNXT are making new highs. Your shopping list that you published on your "From the Analyst site" 10/20/99, most of those stocks are significantly higher. Even the ones that were sells. If we wait much longer this market could be overbought.
Thanks in advance for your comments.



To: Tommy Dorsey who wrote (1394)10/31/1999 12:31:00 AM
From: Jorj X Mckie  Read Replies (1) | Respond to of 9427
 
Tom,
I wasn't paying attention to the market in 1994 and I can't see some of the things that would help me to see what you are seeing. the DJBB chart in the cheap seats only goes back to 1995, so I can't see what happened on the chart. Additionally the BPHILO chart only goes back to 1995 and I don't really see any similarities in the BPOPTI and the 10Week. I don't think that I was being obtuse since two of the charts that you referenced (BPHILO and DJBB) don't go back to the time period that you were talking about. I will go back to see if I can find the things that you outlined a month ago, as I said, I have been busy and have missed quite a few posts on the thread at various points in the past month or two. (in other words, I don't know what was outlined earlier).

Tom