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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (712)2/17/1998 10:01:00 AM
From: wizzards wine  Read Replies (1) of 34822
 
Hey Jan,
Love Tom's site, loads of info. Question, at his site under bullish percentages, if you keep going you get to "Individual Equity Distribution Table" . At the bottom for the given sector are columns from <-100% ,......,....., 0% to +20%,.....,....., >100+%. I assume that they are ranking the bullishness of these stocks, but in looking at numerous charts I do not see a definante pattern or signal. Also, can these be used for screening for new stocks on a break out and if so which areas are best.

Take Care
Preston
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