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


To: Riskmgmt who wrote (7919)5/15/2000 1:20:00 PM
From: Augustus Gloop  Read Replies (1) | Respond to of 9427
 
I don't know that it was posted. I can only explain what I look at when the fire starts getting hot. I use the expanded charts in an effort to get a better historical picture of previous support to try and help determine potential future downside. Don't feel like I am badgering you because that's not my intention. I'm just tossing in my experience and trying to keep everyone happy. I know DWA is doing the same as they now are giving people many of the same benefits that I pay for in a higher priced version. My advice would be to let the market settle. Don't try to time the bottom but rather wait for a clear direction on the powerhouse stocks like (amat, csco etc....assuming you want to play nas issues) and then hit the ground running. As we near mid summer be aware that techs many time will start to slump so go back to expanded charts and find those april lows for possible support.