SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Dorsey Wright & Associates. Point and Figure -- Ignore unavailable to you. Want to Upgrade?


To: Lost1 who wrote (8175)5/24/2000 6:29:00 AM
From: Dave Shares  Read Replies (1) | Respond to of 9427
 
Hi Lost,

<<But Dave..the NYSEBP is in Xs at midfield.>>

I have not been particularly inspired by the NYSEBP lately, as I have posted on two other occasions. To me, it is in somewhat of a trading range of its own, and looks to me to be at the top of that range, we will see if it reverses down this week. Clearly, if one MUST buy, NYSE is the place to buy. I don't have to buy, and the climate here does not seem right to buy, so I am not investing at this point. Trading, not investing.

FNM which I posted had a textbook P&F chart for a short sale in my novice opinion. At 62 7/8, where I suggested entry, it was right up at the BRL, in a column of Os, with RS in Os. I did not ride the short, so my strategy was better than my execution.

Anyways, that was my reasoning.

David



To: Lost1 who wrote (8175)5/24/2000 7:56:00 AM
From: Tommy Dorsey  Read Replies (1) | Respond to of 9427
 
Still in X's,no reversal. t