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


To: Daveyk who wrote (4976)1/19/2000 3:02:00 PM
From: Jerry Olson  Respond to of 9427
 
Thanks Dave..

yes keep reading the P&F University...it refreshes me every so often..i am not perfect when reading these charts because we all have differing views..

but basically they DO say standard P&F things that should be adhered to...

when everyone was bailing at the recent lows in the NAZ i was buying..in fact many of us, with the help of Jan and Toomy D, held us in here tight...

when you actually SEE the results...well that gives a trader/investor great courage to act accordingly...

the charts do not lie...all the indicators are moving UP right here and NOW,,

i'm long but moving in and out of overbought sectors/stocks and options...

looking for the sectors in the 40-50-60% area..

Computers come to mind...

and thanks Dave...it's taken a lot of hard work...but i feel very strong right now....i still have to temper my bullishness..but i see things in those charts...i mean like INSIDE the chart...and once you do some DD and get the FA right...well it becomes very rewarding when your right...