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


To: Tigress who wrote (7879)5/14/2000 8:14:00 AM
From: Tommy Dorsey  Respond to of 9427
 
Tig the Charts Plus gets the new stuff. I still feel the OTC is not the place to be unless you are truly a trader, can take the risk, understand what can happen if things get out of hand and are willing to take the risk. There are many great charts there and I think for the initiated some good profits. The High Low on the OTC reversed up last week while the BP reversed down. I think this is a sign that the OTC is bottoming. I place a lot of faith in thg high low index as a short term indicator. I see a higher bottem being made in the OTC BP and a move higher. In this market however major percentage moves are the norm in the OTC so again, anything can happen. When I think of technology I think of GE, LU, GLW not RHAT, RMBS, not the others that can wipe you out in a day. Stocks on the NYSE with normal box sizes. Like Avon Product. I know that is heracy to recommend a stock like AVP but for the right account it might be a winner. Since we have just about everything on the table now which is a breath of fresh air, lets go back to stock market questions and discussion now. t