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


To: Lost1 who wrote (6258)2/16/2000 9:41:00 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 9427
 
You are such a stud!



To: Lost1 who wrote (6258)2/16/2000 11:14:00 PM
From: Daveyk  Read Replies (1) | Respond to of 9427
 
Thanks Lost 1.I Am printing and saving your explanation along with the chart.I had a few shares from 1/19 and more from early February but loaded the boat at 25 3/16 today based on traditional TA.Buy the breakout on first retreat when the volume and sector are ballistic.<g>
OK;we know volume is BS right?Old habits.Bollinger bands were telegraphing this BO before it occurred,money flow has been tremendous into this one and whole sector so who could resist.Macd and stochastics suggested same.The shakeouts each point were fun to watch;nice little base created which suggests to me the breakout won't be challenged anytime soon.Come late April I'll have time to really study PnF.Right now school is grueling;I'm too old for that studying.Hehehe

Best and gracias,Dave

Edit,I see you're from Texas.I grew up a few miles south of Houston.Man do I miss the warmth!Been in Illinois since 67,bummer.



To: Lost1 who wrote (6258)2/17/2000 3:10:00 AM
From: Alan Smithee  Read Replies (1) | Respond to of 9427
 
You do that so well.

You didn't teach Jr. High math in a prior life by any chance did you?

Nice clear explanation on computing a vertical PO.