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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jerry Olson who wrote (51270)7/19/1999 7:28:00 PM
From: croonerjim  Read Replies (1) of 120523
 
OJ--more questions on P&F--I am curious as to how you use the charts to trade. Once a column of Xs or Os start, it seems hard to tell where it will stop (except at obvious trend lines). Longer term < i know about measuring the width of the columns etc when it breaks a top or bottom, but within a trend, I find P&F not as useful as bar charts. Once it paints a new column, do you assume this is a trend reversal for trading purposes and bail out? TIA, Jim
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