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

To: Tulvio Durand who wrote (7262)	4/14/2000 11:49:00 PM
From: Doppler	Read Replies (2) \| Respond to of 9427

Actually, I probably should have said that wasn't the only BSL. Just like a chart can have several trendlines in "conventional" technical analysis, a PnF chart often has several BSL's. There was a short term BSL on the NAZ chart that was broken weeks ago. Today we broke the intermediate BSL. Then there is the big one way down there. If we get down there and bounce, people would think it was nearly the end of the world, but years from now analysts would look back and say that NAZ stayed above it's long term trendline, and therefore in a long term Bull market.