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

To: Alan Smithee who wrote (4331)	1/4/2000 11:03:00 AM
From: Hardline	Read Replies (1) \| Respond to of 9427

I get the same PO you do using the Dorsey method. The Burke method comes up with a PO of $9. Hardline

To: Alan Smithee who wrote (4331)	1/4/2000 11:55:00 AM
From: Ms. X	Read Replies (1) \| Respond to of 9427

Well, the thing with IISLF is that it crosses two box sizes. Part of it is a .25 and the other is .5. I hate this about vertical count because sometimes I can't just eyeball it. You count those boxes in the .25 and times by three and times by .25. Then you count the boxes in the .5 and times by three and times by .5. Then you add the two together. I think it around 12. I did eyeball it a little, didn't do the actual count. Let me go see.... Hold please. Here it is. 7.5 X <--6 boxes x 3 = 18/.5 = 9 7.0 --------------------X O 6.5 X O 6.00---------------------X O 5.5 X O 5.0 X <---From here to the top is .5 boxes 4.75 X <---To here is the .25 boxes. 4.50 X +-----------+-----X O 8 boxes x 3 = 24/.25 = 6 4.25 X O \| X O X 4.00 X O ----------+-----X O X 3.75 X O 2 \| X O X \| 3.75 3.50 X 1 X O X --X +-X --X O --+--------------------------3.50 3.25 X O X O X O X O X O X \| 3.25 3.00 X O --3 X O X O X O X ----+-----------------------Med3.00 Add 9 to 6 and you get 15 Well, I was kinda close by eye ballin' it. It was in between what you and I had. See why I hate it, pain in the butt. Remember, PO's aren't an absolute but rather a guide as to what the momentum of the stock is heading to. It can gain more momentum or poop out depending but at this time that is the momentum in IISLF. With it holding up so well today it looks pretty accurate.