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

To: J.B.C. who wrote (7993)5/17/2000 5:34:00 PM
From: SpecialK  Read Replies (1) | Respond to of 9427
 
JBC, I like your viewpoint, it's somewhat refreshing. I own WSTL, which from last Friday to today, it has gone from 20 to 28. When do I take profits?

Double top at 29, BRL is at 32, great earnings and outlook expected after tomorrow's close. Likely that we get some reversal before we head higher, perhaps sell on the news.

Many charts I see, are just getting to break positive on MACD charts. I am a strong believer in MACD in combination with PnF, so to me it looks like the market is ready for a major upmove over the next month, DOW 12000 and Nasdaq 4500.
Sometimes I have to pinch myself, am I too optimistic? It'w when I get so excited that the market turns downward on me, but this time, what will happen?



To: J.B.C. who wrote (7993)5/17/2000 9:19:00 PM
From: Lost1  Respond to of 9427
 
Jim, I think that SEBL is going higher. Cross your fingers for 142 and you'll have another choice to make<gg>. IF you can get 150 the picture changes dramatically. I think you'll get it too.

Good problem to have IMO


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