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Strategies & Market Trends : Point and Figure Charting
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To: Mr. BSL who wrote (84)1/24/1998 11:20:00 PM
From: Ms. X  Read Replies (2) of 34808
 
An answer for you Duke, from the man himself.
If you can find enough pure plays in a sector, why not. You don't need
12,500 stocks to select from. So you miss a Pulte homes, you pick up a stock that does just as well. A broker I am interviewing for my second book only deals with Value Line Rated 1 or 2 and then only those stocks that have had a 20% growth rate over 5 years and has a 70% or less PE of that growth rate. He then creates his inventory and then applies the point & figure, sector rotation etc. He knocks the cover off the ball year after year. T

I can't wait for his next book...
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