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

To: sherlockgerlach who wrote (6395)	2/21/2000 11:06:00 AM
From: Jerry Olson	Respond to of 9427

S Man.. IDTC..what with the market so shabby right here..it might break a double bottom...after hitting a 52 week high..i'd wait till the all clear is given... as for the SPX, on the 10 box chart..it's sitting right where the BSL is...if we break that line, i would assume we're going to test 1330, or the bottom at 1280ish... we should watch for all indexs converging at their respective lows...at that pointi'll bet the VIX will spike hard above 30+++ maybe 35-40, and we wait for that nice 3 box reversal up to confirm the move... let's not dive in here before the event...altho JORJI and ME will<VBG>.... keep watching the DJIA-OEX-SPX...but move back further in box size...we are nearing a bottom here...