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Strategies & Market Trends : Point and Figure Charting
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To: Ms. X who wrote (1963)3/25/1998 9:25:00 AM
From: Sam Quentin  Read Replies (1) of 34811
 
Hi Jan:

I have a question that has been bothering me about PNF. With last Friday's issue, Michael Burke was saying essentially to stay away from oil/drillers by looking at a few specific charts and the X's and O's.

Yesterday, John Bollinger said that oils/drillers where not a good sector and to stay away from them or sell into strength. He saw a bear trap on Monday.

Tom Dorsey likes oils/drillers.

Now they all essentially look at the same chart. How can they be so different.

Just trying to put this all together. Any help is appreciated.

Thanks,
Sam
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