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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (3314)6/1/1998 9:13:00 PM
From: Judy  Read Replies (1) of 34811
 
Jan, each break of major resistance and/or or major support is linked to a fundamental/news event. I use the particulars of the events to gauge the strength of support or resistance, that's what I mean by definite. Most TAers follow the metrics, I also associate fundamentals/events with key metrics. Like the theory of gaps ... and virtual gaps.

If P&F reflects supply and demand without factoring in fundamentals, it is not clear that one can say "the rest is history".

We'll go shopping together, LU. Yes, I am holding short DELL puts as long as DELL trades as expected.
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