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

To: james ball who wrote (4728)	1/11/2000 9:46:00 PM
From: Dave Shares	Read Replies (1) \| Respond to of 9427

Jay, I am a charts plus user. It is great, and I am very satisfied, and you are always working very hard to make it better. I would like to know whether you would consider a programming effort that would identify stocks forming a triangle. These are such explosive movers that to be able to isolate them ahead of time would be terrific. I do not see any way currently to identify the pattern with search and sort or otherwise, until the triangle is completed, which can sometimes be too late. I was amazed last week when I saw that on 1/5, PLUG printed 30 to complete a bullish triangle, and closed at 29 1/2 that day. The stock gapped the next day and did not look back until yesterday, after having risen as high as 80. To have seen that triangle forming, and setting the buy stop at 30 would have been terrific. Other patterns, like triple and quadruple tops which are forming, would also be nice. But the ability to identify a triangle which is forming would be a great advance for the Charts Plus Service. Thanks for your consideration, and thanks for all of your hard work. David