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


To: Ms. X who wrote (1743)11/14/1999 11:34:00 AM
From: Ms. X  Read Replies (1) | Respond to of 9427
 
CiNnRs...

Here is what I'm thinking.

8.0 -------------------------------------------
7.5 X Here we are now. I'd like
7.0 -----------------------------------X a slight pullback here to
6.5 X create a leg so this puppy
6.0 -----------------------------------X <--can move higher.
5.5 X A reversal to 6 would also
5.0 -----------------------------------X be a good entry for those
4.75 X wanting to get in.*
4.50 ---------------* ------------------X <--Spread triple top and
4.25 X * X X "Dang me!" signal for
4.00 ---------------X O * ----------X O X ----Piffers.
3.75 X O * X O X
3.50 ---X ------X --X O ----* ------B O <--Normal pullback
3.25 X O X O X 5 * X
3.00 X O ----X O X O --------* --X <-Quad breakout and "giddy-up
2.75 X O 4 X O X O X X X * X doggie" signal for Piffers.
2.50 X O X O X O X O X O X O X O X --* -------
2.25 O X O X O * O X O X O X O X *
2.00 2 * O * * --6 --7 --O X A * -------------------
1.75 * * 8 *

A note on the reversal. You may want to wait for a reversal down and
then a reversal back up creating a short stop for you. The level at 6
doesn't have any past resistance so it is an untested support level.