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

To: Ms. X who wrote (2236)	11/30/1999 1:12:00 PM
From: Ms. X	Read Replies (2) \| Respond to of 9427

DWA stock contests and the CNBC Page. DWA contests are open to everyone hence their being posted on the homepage, and ew contests are started as each previous contests end. Once you click into the contest link you will see the list of contests currently running and any new contest that DWA is taking registration for. Click on the "Go!" button to enter the contest and if you may register for the contest or enter in your registration info to access your contest portfolio. The football contest is running right now and if you want to see the standings of the teams click the "Go!" button and scroll to the bottom of the football contest main page. You will see a scoreboard. Looks like Detroit is winning the contest so far with Denver close behind but remember there will be the playoffs to contend with! Also at the bottom of the football contest home page is the weekly wins and losses. You don't have to be registered to view this information. We encourage all to participate in a stock contest. This gives you an opportunity to paper trade with PnF and view your success. Great to enhance your learning curve. CNBC page. Tommy is on CNBC just about once a month. You know CNBC has Tommy list three stocks he likes and also a stock that will double your money within 12 months. On this page DWA updates the charts for these stocks and also adds commentary. The link is located on the home page in red just below the DWA money management blurb. Once in the CNBC page you will see three links and a market commentary regarding the "CNBC" stocks. Excellent information and something everyone should read daily. The links are: Portfolio View and Comments. There is a table of the stocks with the correlating PnF signals. I'll go over them with you here. 1) First column is the stock symbol. 2) Second column is the recent price of the stock. 3) Third column is the sector the stock is listed in and the sector bullish percent. The bullish percent tells you what risk level the sector is in. For definitions of bullish percent see Tom's book page 91. 4) Fourth column is the RS (relative strength) signal against the Dow. The RS signal gives a longer term picture of the stocks strength. If this column is in a buy it means the relative strength has been continuously stronger than the Dow for sometime. Also, it means the company has gained strength over time. If the column is a sell it means at some point the stock was weaker than it had been in the past and much weaker than the Dow. We'll go into Relative strength a little more later but the best information is in Tommy's book page 79-89. 5) Fifth column is the RS (relative strength) signal versus the Dow. Shows how the stock is performing against the Dow stocks. If in X's it is out performing. If in O's it is under performing. 6) Sixth column is the trend. Trend is whether the chart is above the BSL (bullish support line) or bellow the BRL (bearish resistance line). If the trend is positive (+) the chart is trading above the BSL. If the trend is negative (-) it is trading below the BRL. 7) Seventh column is the PnF signal. This is the signal on the trend chart, remember what trend is - when we say "trend chart" we mean the chart you see when you punch in the symbol. Trend is above or below the resistance lines and you will only find these on the trend chart. Here is where the stock gives its buy or sell signals on the trend chart. If the column says "buy" the chart has had a column of X's exceeds a previous column of X's and this is positive. If the column say's "sell" the chart has a column of O's that exceeds a previous column of O's and this can be negative. You must look at the chart to determine the pattern it has developed. Those are all the columns available on the CNBC page. A lot of information at a glance at how these stocks are doing. Always check the chart if you see any of these signals change. Next link on the CNBC page is the Portfolio Activity. I'm going to list what is current. This is an immediate display of any activity from that day's trading. Whether the stock has turned negative, given a buy signal, fell below trend - whatever it is here. Same as in the portfolio section. This is an important page to bookmark if you are following these stocks. DWA does the work for you and of course, you should be looking at the trend chart (we also just call the trend chart - chart..:-) Here are the alerts currently: Technical breakout page - Sell: The trend chart just gave a sell signal. If long you must check the chart. Technical breakout page - Buy. The trend chart just gave a buy signal. Everything is groovy unless you are short. DOW RS reversed to X's - This is the RS to the Dow. If it reverses to X's that is very cool (unless you are short). DOW RS reversed to O's - This is the RS to the Dow. If it reverses to O's that ain't cool unless you are short then you are happy. DWA RS reversed to X's - Let's talk about the DWA RS. This is how the stock is doing in its own sector. How it is performing against its peers not that of the general market. If the RS is in X's it is doing better than most in its sector. If the RS is in O's it is under performing those in its sector. It can have an RS in X's to the Dow and an RS in O's to its sector. This would mean, as an example, that it is out performing the general market but under performing in its sector. Ya ya? Weekly Momentum crossed to negative. This is the momentum of the stock. Negative could mean a pullback is about to happen and positive could mean the pullback is over and the stock is about to run. You have all these listings to alert you to the stocks movements. No excuses. :-) Last link on the DWA CNBC page is "Hear DWA" This is a page where you can hear DWA analysts talk about the stocks in the CNBC page while looking at the chart. Very cool. Let me know if any of this is confusing and if you would like me to go into more detail. If you would like to bookmark the CNBC page the URL is: dorseywright.com Here are the stocks currently being tracked: AMGN GE INTC AOL CPQ GBLX WMT AHP MFNX CIEN AMR MYG CMTO ATHM T RD SPYG PGNX AXNT HRC SWC This post is listed on the PnF Archive thread for easy reference: #reply-12144492