Point and Figure Charting Message Board

STOCKTALK

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.

Strategies & Market Trends : Point and Figure Charting

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Paul V. who wrote (22293)	7/11/1999 9:30:00 AM
From: wizzards wine	Read Replies (1) of 34827

Morning Paul...AMAT at 26 last would have been in Oct 98...from which you rode it up to 70, back down to 49 and back up to 75... Having the P&F indicators starting to turn down in Feb 99, signaled me to recommend calling for taking profits and that would have placed AMAT at about 70. In addition the ride up from Oct 98 had plenty of profits that really needed protecting. The indicators firming up in later April/early May 99 would have gotten you in to the low 50's for the ride to 75... In effect, you have made 5 point over the past 5 months by holding from 70 to 75, and could have easily had 20 to 25 for a 50% gain instead of a 7% gain. It's all in ones plan, but I don't worry about taxes with profits in this region of gains. You've got to be comfortable with the overall indicators, that they will guide you along the right path...if not , stick to something that works for you... Have a Great Sunday... Later Preston ps as you can see, I'm not a Warren Buffet buy and hold kind of guy :-) but sure wish I could afford to, as I could spend some to this time looking at P&F charts and indicators doing other Fun things>>>g<<<

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next