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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (3717)	6/16/1998 1:09:00 AM
From: flashy	Read Replies (2) of 34811

I need alittle clarification... Every time I "think" I am clear on what a Bear Alert or Bear Correction or Bear confirmed or bull etc... looks like -> like your example here, I then look up another sector P&F chart and I am confused. I just pulled up the Auto and Parts sector chart, to see if the chart looks like I "think" it should look and it doesn't. Currently it is stating that it is on a Bear Confirmed - 56%. I would anticipate seeing "O's" all the way down to 42%, not 56%!? HELP>>>>> I just started using P&F charts and am getting a lot more comfortable how I should enter a position (long or short), once I find a stock I like. (Really enjoyed the free seminar in May in SF!! Very informative.) I also just started following your site. Looking forward to everyone's pearls of wisdom they have to share!!!!!!! cheers

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