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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Big Dog who wrote (9067)1/21/1998 5:33:00 PM
From: Ms. X  Read Replies (2) of 95453
 
You don't understand Point and Figure.
All we care about is supply and demand. How a stock reacts to any news, acquisition, more rigs etc. If people aren't impressed the stock will go down, if they are, it will go up...and we will see it happening before the street does. Insider buying and selling...shows up on P&F before you hear it in the Wall Street Journal. Have you seen the stocks or sectors that got slammed and everyone wondered why? Chances are the P&F chart were giving clear sell signals before hand. There is no such thing as a crystal ball but if you play sector rotation, it has been documented, that your performance above the S&P will be equal to or above. Guaranteed it works that way most of the time.
Not everything goes up all the time. What goes up must come down for whatever reason and vice versa. All we want to know is when it is about to happen. We are in a great position for it to move up. Dat's 'bout it.
Take a look into it. Don't take my word for it but don't knock it until you have studied it. Trees and all :-)
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