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


To: Jerry Olson who wrote (5655)1/29/2000 10:31:00 PM
From: Doppler  Read Replies (1) | Respond to of 9427
 
"Earl" and Jorj- I like your thinking. As I wrote a couple of weeks ago when I joined, I am sitting nearly all in cash because I think we are in for a major hurting. The last couple of shorts that I have tried failed only because of my timing in and out, not my targets failing to get hit. Other than UTCC and BII-L on London (did you ever check that one out for me OJ, like you said you would try to?), I am waiting for a couple of good shorts. FWIW- my broker (and good friend) tells me daily about numerous examples of bubble-mania that he runs across, and is so worried about margin, 2nd mortgage stock buying, etc that he is also in cash. I know that has nothing to do with PnF or TA, but I think it helps put our current position in context. Anyway, if you don't mind a piggybacker, I would love any input on when to catch this free fall. Thanks and happy trading