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


To: Lost1 who wrote (2679)12/9/1999 11:05:00 AM
From: Augustus Gloop  Respond to of 9427
 
I bailed yesterday! I may regret it later.



To: Lost1 who wrote (2679)12/9/1999 2:05:00 PM
From: Ms. X  Read Replies (2) | Respond to of 9427
 
The DJBB. Dow Jones 20 Bond Average.
We use this chart to help guide us in the direction of interest rates.
We just reversed back up this week. We'll see if this holds or creates
another double bottom break. I hope it holds!

107.6 | | 107.6
107.4 | | 107.4
107.2 | * | 107.2
107.0 ----------| --X --X <--resistance here before fall.107.0
106.8 | X O B O * 106.8
106.6 | A O X O * 106.6
106.4 | X O X C * 106.4
106.2 | X O 2 * 106.2
106.0While the chart-X ----O <--Sell signal in February.--106.0
105.8 was rising | X O signal to go short bonds 105.8
105.6 here rates | 9 O * 105.6
105.4 continued X X O * 105.4
105.2 down. 1 O 7 O 105.2
105.0 ----------X O X ----O -----------------------------105.0
104.8 C 4 X O 104.8
104.6 X B O O 104.6
104.4 X O A O 104.4
104.2 X O X O 104.2
104.0 ------X 8 X --------4 -----------------------------104.0
103.8 X O X 5 103.8
103.6 O 2 7 9 | O X 103.6
103.4 O X O X | O X O 103.4
103.2 1 X O X | O X O 103.2
103.0 O --3 X --| --------O --O -------------------------103.0
102.8 O X | | 6<--second sell signal in June.
102.6 O X | | O rise in rates were not over.
102.4 O 6 | | O 102.4
102.2 O X | | O X 102.2
102.0 ----4 X --| --------| --O X O ---------------------102.0
101.8 O 5 | | O X O 101.8
101.6 O X | | O X O 101.6
101.4 O X | | O 7 O 101.4
101.2 O | | O X O 101.2
101.0 ----------| --------| --O X O ---------------------101.0
100.8 | | O 8 100.8
100.6 3rd sell signal-->O X 100.6
100.4 | | * O X O 100.4
100.2 | | * O X O 100.2
100.0 ----------| --------| * ----O --O ------------- Top100.0
99.8 4th sell signal--> O 99.8
99.6 | * | 9 99.6
99.4 | * | O X 99.4
99.2 | * | A B O Med99.2
99.0 ----------| * ------| ----------O X O -------------99.0
98.8 * | O X O X <--recent reversal up.
98.6 * | | O O X 98.6
98.4 * | 5th sell signal-->O X 98.4
98.2 * | | C Bot98.2
98.0 --* ------| --------| -----------------------------98.0
1997 1998 1999