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


To: John Pitera who wrote (5361)1/24/2000 4:41:00 PM
From: Patrick Slevin  Respond to of 9427
 
Yes, it looked to be an outside day early on, and I've been watching RSI flag as well. If you chart the weekly version of the SPX you might have an even more striking picture.

However, I think the market is coming down to move higher.....near term. So although I've never been a buy the dip type of trader there are stocks that have been finding their way into the accounts. Way early on some, I'm certain, but when the DOT looked like it was doomed to a miserable day it occurred to me to magnify the posture I have in an internet fund......aside from preparing for tomorrow I'm glued to the screen waiting to see what my cost was.

As an aside, it may be prudent to continue this on the FUPS thread or some other one. It's kind of far off the mark for here.

Tell you what, I'll copy this message over there so if you like we can try it that way.