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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (22651)	7/25/1999 3:06:00 PM
From: Eagle	Read Replies (1) of 34811

Loved your scooter story.... I suppose we'll hear if you got your $200 back in a later post! Anyway, since it's the weekend I have a P&F classroom kind of question. LPTI is listed as a shakeout in the current pattern list at DWA. THE book says that (p.50), for such a formation "the relative strength must be on a buy signal". Such is NOT the case here and so I'm wondering why DWA classifies LPTI as a shakeout? I know...picky...picky....picky...<g>.... Hey, I didn't write p.50!

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