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


To: Patrick Slevin who wrote (3537)12/22/1999 2:37:00 PM
From: Ms. X  Read Replies (1) | Respond to of 9427
 
Talk down to you? God no. I don't talk down to anybody which I think most will agree with me.

I've put that same line down on many posts because after I read some of the charts and see arrows going here and going there it looks confusing to me and I wrote the thing.

The shakeout is pretty cool. The sell signal gets the weak knees out just before the rally begins. I know some brokers that just love that signal. A shakeout only occurs in a confirmed up trend which is when there hasn't been any sell signals in a long time.