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Strategies & Market Trends : Point and Figure Charting

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To: wizzards wine who wrote (23208)	8/20/1999 10:49:00 PM
From: Casaubon	Read Replies (2) of 34811

Hello thread, It has been a little while since I stopped in because I'm learning lots of TA stuff. Last time I stopped off to bring to your attention a stock which by all the classic rationale of P&F charting was a short. However, I brought to your attention some other TA which had indicated to me that the stock was a good turnaround candidate, and thus a better long, than a short. I'm just checking in today to let all know that the stock gave its' first P&F buy signal in a while, a quadruple top, with price objective of approximately 37 (currently 26 7/8). That stock is VRTX. I bring this to your attention because it has been fun learning many TA techniques, and I enjoy the P&F thread, and consider this my contribution. A word of warning. StockmarketPro has +4 large blocks and -16 large blocks with a good amount of negative money flow (net -2.6MM), even though the stock gapped up today. Warning: I own this stock Good Luck!

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