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

To: Ms. X who wrote (3523)	12/21/1999 6:25:00 PM
From: Murrey Walker	Read Replies (1) \| Respond to of 9427

Ms. X...I know I'm showing my ignorance but, is there a NAZ BP and would it show different indicators? TIA

To: Ms. X who wrote (3523)	12/21/1999 7:15:00 PM
From: Saul Seinberg	Read Replies (1) \| Respond to of 9427

Hi all, First time poster hoping to improve my PnF skills by hanging out here. I've been lurking for several weeks and am sufficiently encouraged by the sharing and help you provide to each other to post this note. I have a question about PSFT and PMTC, two stocks I bought a few years ago in my pre-PnF days. PSFT (PeopleSoft) is in a recovery phase under new management. RS is a SELL, but it reversed today into Xs. It also broke a spread triple top today, its momentum is positive and its sector (Software) is Bull Confirmed at 72. I don't want to sell this stock here and I'm thinking of selling some puts against my position. How does this approach sound to you piffers especially in view of the state of the various DWA indicators? PMTC (Parametric Technology) is also in a recovery phase after a couple of shaky reorgs. Looks like they finally got this right as the stock hit an all-time high a couple of weeks ago. RS is still a SELL, in a column of Xs. It broke a double top on 12/10 after hitting that all time high, its momentum is positive and its sector (Computers - actually should be software as they market high end CAD programs) is Bull Confirmed at 62+. I also want to hold on to this stock, but I'm not sure I want to do anything except tighten up my stop. What looks like a reasonable stop to you all? Any alternative comments? SAS...