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


To: John Post who wrote (2062)11/24/1999 11:11:00 AM
From: Ms. X  Respond to of 9427
 
On the 1 box chart RMBS has fallen right to the BSL. It may bounce here (I didn't check today's action)off of the BSL which would be at 78, if it doesn't move to 74 even which would put another box down on the chart.
Next support way down at 66 so I wouldn't guess on the bottom of this run. I'd wait for a reversal up. If you own it, be careful right now and watch those profits.