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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (1097)	2/25/1998 7:21:00 PM
From: bobster	Read Replies (3) of 34811

Hi Jan, I'm wondering about the sector charts and how best to use them. For example, on the DWA site, they list CCE & CRD.A as stocks to watch for a possible Buy signal. However both of these are in sectors that are Bear Confirmed. Many others to watch are in Bear Alert sectors. Are the sector ratings not to be taken too seriously?? Or should a trader look at them differently than an investor? Also, how important are the RS charts? Is knowing the RS status just as good as seeing the chart? Is it possible for the chart to be in a column of X's but still on a sell signal? Or the opposite? Do we need a source of these charts? Over what period of time does DWA measure RS. And finally, how do YOU use RS info? Eagerly awaiting the answers cause I've got lots more, bobster

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