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Non-Tech : Dorsey Wright & Associates. Point and Figure
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To: Tommy Dorsey who wrote (6148)2/13/2000 7:05:00 PM
From: absol  Read Replies (1) of 9427
 
Thanks for the welcome. Let me start my PF journey with a question regarding GMST. I have a position 67. The stock is in column of X and the RS is on buy. The stock gave a buy signal, double top, at 74 but the bearish resistance line is at 75. How do I play this position? Do I put a stop at 71 at the 3 box reversal down? Should I sell of some here? I am not yet familiar with the calculation of price objective using Horizontal count or Vertical count of this stock. What would be PO for this stock using either of the counts. Any suggestions for how to play this position would be greatly appreciated.

thanks,
anantha
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