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Strategies & Market Trends : Point and Figure Charting

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To: Bwe who wrote (21858)	6/28/1999 6:17:00 PM
From: Tammy DeRosier	Read Replies (3) of 34811

Even in waiting for a sell signal in both of your examples of CMB and FMO, you were able to come out a couple of points ahead. Granted the AOL didn't get you out until 140 but look at WCOM where in January the high pole warning was given at 73 but the stock then rallied to 94 quickly. This is the beauty of the P&F methodology -- it's an art and not a science. One other thing you might want to think about in the high pole situation -- look at previous high poles and see how they turned out -- did it result in a good signal or a false signal? tammy

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