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Strategies & Market Trends : Point and Figure Charting

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To: Jack Chen who wrote (2396)	4/19/1998 2:55:00 PM
From: wizzards wine	Read Replies (1) of 34812

Thanks Jack, However I'm surprised that you do not take RS into account. Any particular reason. We find it to be a very powerful indicator of trend direction... Ie. we look for a stock that has just switched from a RS column of O's into X's as that is a short term indicator that the trend is about to change and it will be beating the average market. With the market over extended as it now is, we like to use every tool in our bag to help out. Just my thoughts Thanks Preston

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