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


To: Daveyk who wrote (6786)3/10/2000 2:36:00 PM
From: arno  Read Replies (1) | Respond to of 9427
 
Dave,

Yes, technically the chart is broken if it breaks the double bottom at 38. The next support is at 29.

Since you have a profit already, this is where only you can decide your risk of those profits. Profits can give you some patience, but they can also make you complacent.

Can it go lower? You bet!

With the low cost of commissions, you can get out at almost no cost. Also, you can get back in if you decide later you want to.

The bio's needed a big breather, and with their sector at 76, who knows how long it will last.

I did see where "Earl" said this company had over 10 bucks a share in cash.

Good luck,

arno