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


To: Tommy Dorsey who wrote (4971)1/19/2000 2:38:00 PM
From: Jerry Olson  Read Replies (2) | Respond to of 9427
 
In fact the sector was at 86% earlier this year..

the stocks just exploded from like 74% right to 86% level...

i think they are done..all the GOOD news is OUT for this time period..everyone beat the streets est. and all were UPGRADED...think i'll sell them to some other person buying at the TOP...

they should correct & consolidate here...



To: Tommy Dorsey who wrote (4971)1/19/2000 3:02:00 PM
From: Alan Smithee  Read Replies (1) | Respond to of 9427
 
We found this out when the banks hung up in a high level for two years. I also remember the semi's the last time they were in this level MU was touted to go to $120 by virtually all fundamental analysits on Wall Street, instead it went to $17 following multiple sell signals at the top. T

Don't I know it. I owned MU then. Wish I knew then what I know now (about PNF).