Point and Figure Charting Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Point and Figure Charting

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Satyr who wrote (462)	2/6/1998 6:15:00 PM
From: Ms. X	Read Replies (1) of 34816

Satyr, I know I must seem like a salesperson here, pushing the point and figure methodology, but I wouldn't if I didn't see for myself how accurate it is. Scary sometimes. And when you combine all of the indicators with sectors, RS and momentums, your chances of success increase immeasurably. It also keeps you from becoming emotionally involved with a stock. It is simple supply and demand and you pick what looks best. You can plan what to do when things go right and what to do when things go wrong, ahead of time. Doesn't matter if it is Intel or Bobs fish and tackle. Did you look at QCOM's chart? It traded right up to bearish resistance without breaking it. The RS was negative on a sell signal and in a column of O's. I wasn't too surprised to see it so vulnerable today. This why I tell people to be extra careful when stocks are below the bearish resistance and have negative relative strength. More often than not they will bite you in the bum. I'm pleased you have found P&F to be a good tool for you. Any questions, just ask. Jan

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next