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


To: Rich1 who wrote (8339)6/7/2000 2:16:00 PM
From: Tommy Dorsey  Read Replies (1) | Respond to of 9427
 
Rich,
This is Jay. The DJBB is comprised of 20 long term Utility and Industrial bonds. We have found signals on this chart be be very good in the past. The chart gave a low pole warning
which, on this chart, is considered a buy signal. You are right it suggests that we will see higher bond prices hence lower rates.