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Strategies & Market Trends : Point and Figure Charting

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To: Smooth Drive who wrote (25472)7/23/2001 9:09:08 AM
From: Hardline  Read Replies (1) of 34811
 
Eric

I read all of Clay Allen's documentation this weekend but have not logged on to his site. I agree with him to sell your dogs and keep your winners. BUt I am suspect of some things he states. I know he compared his portfolio for a 1 year period and outperformed the S&P but I would have like to see him produce that chart for more than 1 period. I also noticed that the charts he showed are very much different when you go to the present. Look at FDO and EAT as an example. He considered them trading range stocks. FDO for example broke out on the down side and then reversed and broke out to the upside.

I did like his 10 up theory though. I will have to look at that a little more.

What did you like?

Hardline
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