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


To: Jerry Olson who wrote (5389)1/25/2000 12:04:00 PM
From: Ms. X  Read Replies (1) | Respond to of 9427
 
Internally things are just dandy. A couple of kernels of popcorn fell on the floor but that's about it. The movie still continues without interruption...



To: Jerry Olson who wrote (5389)1/25/2000 12:28:00 PM
From: OX  Read Replies (1) | Respond to of 9427
 
with the gap up yesterday morning, I would think there are at least several charts (or more) that won't go to O's till today's charts are drawn.

also, there are many charts I see that are almost straight up X's and even a 50% or more retrace isn't going to put them on a sell signal (at least I haven't noticed that there's a computer scan for high-poles as a sell signal at DWA)

so we could get internal damage, but not know it for awhile.

just a thot.



To: Jerry Olson who wrote (5389)1/25/2000 12:37:00 PM
From: OX  Read Replies (1) | Respond to of 9427
 
one other thing...

fwiw, I keep a BP chart for NDX manually and it reveresed down from 76 yest to 64. this BPNDX moves up and down a lot faster than the BPINET, primarily due to the fact that it only has 100 stocks in it.

for anyone interested, I post the BPNDX below nightly and also occasional comments/charts on Jim Hopkins' nas100 thread here on SI.

geocities.com



To: Jerry Olson who wrote (5389)1/25/2000 1:45:00 PM
From: Tommy Dorsey  Read Replies (1) | Respond to of 9427
 
The Earl of Piff. The 20 box size looks about right and possible shakeout coming there. 15 box is ok too. Lower than that it gets pretty volatile. Possibly a combination of 10,15, 20 is good for total perspective. OPTI did not change
much if any yesterday. Tomorrow will tell. Wednesday morning is always like opening a present fraught with anticipation. T