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


To: Augustus Gloop who wrote (3205)12/15/1999 11:33:00 PM
From: Ms. X  Read Replies (1) | Respond to of 9427
 
Certainly the risk reward is good. This is a good chart to show what stocks have been doing with this pullback. Now the question for EGRP is whether it has finished pulling back and preparing a base or is it going to poop and develop a negative trend.

If the fundamentals are good this looks like good support to enter. In fact you can give it room to the BSL and not just the triple bottom break (since the two are so close).

I think some triple bottom breaks, those coming in strong up trends, are the new shakeout patterns for the volatile stocks. Just a Piff thought.



To: Augustus Gloop who wrote (3205)12/16/1999 12:11:00 AM
From: ecommerceman  Read Replies (2) | Respond to of 9427
 
Hell, I wish that I understood that chart! (eom)



To: Augustus Gloop who wrote (3205)12/16/1999 1:38:00 AM
From: Alan Smithee  Read Replies (2) | Respond to of 9427
 
EGRP

Question is, assuming the magic 30 holds tomorrow, jump in now, or do the piffin' thing and wait for the reversal back up?