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

To: jeraldo515 who wrote (4562)	1/7/2000 2:37:00 PM
From: Ms. X	Respond to of 9427

If you consider a 100 point move in any direction with the current volume and money in the market is normal (for the Dow) then a 300 point is just a pullback. However, it seems that investors and certainly CNBC aren't conditioned to this move. They get excited when the Dow is up 50. Weeee 50pts - but what is that considering? Also, keep in mind the Dow move nor the Nasdaq, as the article from DWA stated, is not really what the market is doing. That is why we like the indicators, keeps things in perspective. I will admit that on the last day of the Nasdaq decline I was surprised the indicators didn't move lower. They were actually to the upside a smidge. Amazing.