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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (2561)	4/23/1998 1:32:00 PM
From: Mr. BSL	Read Replies (2) of 34810

Thanks Jan. This really is big PNF news. For example - Somewhere off in the future, the computer group will get washed down to say 20% and then reverse up to bull alert status. Perhaps the hardware sector is showing strong RS. Instead of choosing one of the hardware stocks, we can buy HWI using the PNF chart for HWI. We are diversified into 10 computer hardware companies whose collective PNF chart says buy. Buying HWI like a stock means we get 10 companies for a one trade commission and no annual expenses. Great job on the oil stocks. Perhaps in the future we will be able to buy a spider that includes all those oil stocks you posted. Duke I Am excited about sector spiders!

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