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


To: steffi who wrote (8069)5/18/2000 10:12:00 PM
From: Bwe  Read Replies (2) | Respond to of 9427
 
Hi steffi,
A few comments on your two stock choices, AC and WPI.

AC gave a new RS Buy signal in Jan at $40. RS is very important. The price objective is $57 based on the Chartcraft method of computing vertical counts. AC looks very good.
WPI has some good things going for it as well, however, there are a few red flags. The RS is a bit long in the tooth (RS Buy signal 9/98) and there's a High Pole Top lurking at $46. WPI's po is $67. There's overhead resistance between $50-55.
I like AC better.

Take care,
Bruce