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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (377)2/9/1998 7:57:00 PM
From: Judy  Read Replies (1) of 34811
 
Hi Jan,

The intermediate market trend may be up thru mid April until the IRA money inflows have found a home. Sector rotation and stock selection are key rather than the individual index levels. Patiently waiting for some decent pullbacks now.

Regarding bearish resistance, does P&F go by intraday trading action or on a closing basis to determine whether a stock is a buy?

btw, what do you think of NETA? My charts were messed up after the name change/merger.
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