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Strategies & Market Trends : Point and Figure Charting
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To: Ms. X who wrote (2064)3/27/1998 5:35:00 PM
From: wizzards wine  Read Replies (1) of 34812
 
Jan, Questions for Tom

1.)Since the sectors and indicators mostly show an overbought condition and a correction is likely sooner of later, how does he prepare for this other than to protect capital?

2.) Once a correction takes place, does he already have a list of buy candidates providing they meet certain criteria after the correction and if so what criteria does he use after a correction..ie, the stock drops to its support line versas falls below support.

3.) After the correction how important is the RS signal and whether it's in X's or O's as I would guess that many stocks short term RS would change to a column of O's.

Well that's it for now

Thanks
Preston
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