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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (860)	2/20/1998 12:03:00 AM
From: edward miller	Read Replies (2) of 34816

Jan, do you ever look at the long trends with P&F, or is it strickly a short term tool? I was looking at a 3 year chart of CPQ and felt that it has a really good long term trendline which I believe it has tested in it's consolidation since fall and is getting ready for another big rally phase. You have indicated projections for price movements on other stocks, which I have interpreted as being relatively short term projections. Does P&F work for longer term projections, in your opinion? What is your feel on CPQ, if you don't mind? Thanks, Ed Miller

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