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.
Technology Stocks : Dell Technologies Inc.
DELL 131.16+4.1%10:39 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: PMS Witch who wrote (134330)6/24/1999 11:56:00 AM
From: jim kelley  Read Replies (1) of 176387
 
Lee,

I suspect that P&F charting will work better for indices and bond prices than for individual stock prices.

It purports to track supply and demand and this probably works better where the law of large numbers can come into play in a big way.

It would be interesting to see what the reliability of the buy and sell signals for both the indices and a stock like DELL over different time periods.

Setting up the P&F Charts appears to be unclear. The "optimal" box sizes could vary with each stock or indices. This problem is a recur

TD said that this P&F should not be used by itself but in conjunction with the fundamentals of stock or I would guess the conditions of an overall market. So it is just one more tools that can be used in combination with other tools to generate buy sell indications.
It is an interesting tool.

The newsletter I saw from Dorsey did not discuss the fundamentals of the companies he was analyzing.The recommended stocks did nothing remarkable for the two month period I followed them.

Regards,

Jim Kelley

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext